Mixed-Use Building with Upper-Floor
2487 Main Street, Rangeley, ME 04970
For Sale
$649,000
An occupied ground-floor shop sits beneath two unfinished levels with residential conversion potential, subject to municipal approvals.
Property Size4,080 SF
Price / SF$159.07
Days on Market109
Property Features for 2487 Main Street
General Information
Standard status
Size
Property subtype
Zoning
Tenancy & Operations
Currently Operating
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Morton & Furbish Agency
(207) 864-5777
Listed By:
Christopher Farmer
(207) 450-4600
Source:
Amerorealty
Added: Jul 21
Changed: Nov 3
Last Checked: Nov 6 at 2:33AM
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
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Investment Insights
Based on property information with market context.
Built in 1900, this 4,080-square-foot mixed-use property has a retail space on the ground floor occupied by Black Bear Trading Post. Two upper floors remain undeveloped and may be converted into three or four apartments, subject to municipal approvals and permitting. The property is zoned Downtown Commercial.
The building is at 2487 Main Street in downtown Rangeley, Maine, within the Rangeley Lakes Region.
The building is at 2487 Main Street in downtown Rangeley, Maine, within the Rangeley Lakes Region.
Key Highlights
- 4,080‑square‑foot mixed‑use property built in 1900
- Ground‑floor retail space occupied by Black Bear Trading Post
- Two undeveloped upper floors with potential for three to four apartments, subject to municipal approvals and permitting
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An occupied ground-floor shop sits beneath two unfinished levels with residential conversion potential, subject to municipal approvals.
Where is this mixed-use property located?
The property is located at 2487 Main Street Rangeley, ME.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 4,080‑square‑foot mixed‑use property built in 1900; Ground‑floor retail space occupied by Black Bear Trading Post; Two undeveloped upper floors with potential for three to four apartments, subject to municipal approvals and permitting
