Building Details

Year Built 1900

Tenancy Single

Listing Agency: Morton & Furbish Agency

Listed By: Margery Jamison Show Phone

Source: Portsiderealestategroup

Added: Jul 3 Changed: Aug 31 Last Checked: Aug 31 at 1:36AM

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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 Morton & Furbish Agency

Investment Insights

Based on property information with market context.

This lower-level commercial condominium contains 1,072 square feet and is positioned at 2485 Main Street, Unit 3. The space is currently used as a gift and cabin decor shop, with a layout that can accommodate retail, office, gallery, or wellness-oriented operations as supported by the existing commercial configuration.

The property occupies a corner at Route 4 and Pond Street in downtown Rangeley, with views toward Haley Pond and Park. Improvements include public water and sewer, designated on-site parking, and dedicated storage. The building dates to 1900.

Key Highlights

• 1,072 square feet of lower‑level commercial condominium space
• Corner position at Route 4 and Pond Street
• Current gift and cabin decor shop use

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Garden Center Big Box & Wholesale Store Kitchen & Bath Showroom

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

Single-tenant

Tenancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

156

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 04970, ME

1,632

Population

2,286

Households

0.7

Avg Household Size

55

Median Age

31%

College-Educated

94%

High-School Grad

224.8 sq mi

ZIP Area

7

Density / Sq Mi

$58,182

Median Household Income

$37,443

Median Earnings

$698

Median Rent

$287,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Lower-level commercial space with dedicated storage, parking, and public water and sewer.

Where is this storefront property located?

The property is located at 2485 Main Street Unit 3 Rangeley, ME.

What is the asking price?

The asking price for this property is $420,000.

What are key features of this property?

This property features: 1,072 square feet of lower‑level commercial condominium space; Corner position at Route 4 and Pond Street; Current gift and cabin decor shop use