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Multifamily Property Requiring Rehab
For Sale
$75,000

245 E Main St, Dover Foxcroft, ME 04426

Vacant structure with commercial or residential zoning and city water and sewer service.

Property Size2,000 SF
Price / SF$37.50
Days on Market20

Property Features for 245 E Main St

General Information

Standard status Active
Size 2,000 SF
Property subtype Multi-Family
Zoning Commercial or Residential

Property Condition

Severity Teardown
Evidence needs full rehab or removal

Site & Location

Road Access Yes
Utilities to Site Yes

Building Details

Year Built 1890
Listing Agency: www.HomeZu.com
Listed By: Jason Saphire · License #0818954
Source: Aroostookrealestate
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 29 at 11:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of www.HomeZu.com

Investment Insights

Based on property information with market context.

This 2,000-square-foot multifamily property dates to 1890 and is currently vacant. The structure requires full rehabilitation or removal, while the granite foundation also needs repair. A paved driveway serves the property, and city water and sewer are in place for ongoing utility service.

The property is positioned on Route 15 in downtown Dover-Foxcroft, adjacent to a gas station. Commercial or residential zoning supports consideration of either a restored multi-unit residence or a retail or commercial use, subject to applicable approvals. The surrounding area includes Foxcroft Academy, local dining and entertainment, recreational trails, Sebec Lake, and other community amenities within walking distance.

Key Highlights

  • 2,000‑square‑foot multifamily property built in 1890
  • Commercial or residential zoning
  • Vacant structure requiring full rehab or removal

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 04426, ME

4,841
Population
3,285
Households
1.5
Avg Household Size
48
Median Age
27%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
40
Density / Sq Mi
$58,750
Median Household Income
$43,193
Median Earnings
$854
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Vacant structure with commercial or residential zoning and city water and sewer service.
Where is this multifamily property located?
The property is located at 245 E Main St Dover Foxcroft, ME.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 2,000‑square‑foot multifamily property built in 1890; Commercial or residential zoning; Vacant structure requiring full rehab or removal
More about this property
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