Mixed-Use Building with Upper-Floor
For Sale
$649,000
2487 Main Street, Rangeley, ME 04970
Commercial Sale, Rangeley, ME
Property Size4,080 SF
Lot Size0.13 Acres
Price / SF$159.07
Days on Market48
Property Features for 2487 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Downtown Commercial
Rooms
Basement
Basement
Full, Partial
Lot features
Water View, Business District, Near Shopping
Standard status
Active
Size
4,080 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4328
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Oil
Water source
Public
Building Details
Year built
1900
Flooring type
Vinyl, Wood
Building materials
Wood Frame, Aluminum Siding
Roof type
Shingle
Listing Agency:
Morton & Furbish Agency
(207) 864-5777
Listed By:
Christopher Farmer
(207) 450-4600
Added: Jul 21
Changed: Sep 1
Last Checked: Sep 6 at 12:06AM
MLS# 1672824
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial building combines an operating ground-floor retail space with two unfinished upper levels. The property contains 4,080 square feet on a 0.13-acre lot and was built in 1900. Wood-frame construction, aluminum siding, wood and vinyl flooring, oil-fired forced-air heat, a shingle roof, and a basement are among the existing improvements. Public water and public sewer serve the property.
The building is located at 2487 Main Street in downtown Rangeley, with the storefront occupied by Black Bear Trading Post. The upper floors may offer an opportunity to create three to four residential apartments, subject to municipal approvals and permitting. Downtown Commercial zoning is identified for the property, providing an important framework for evaluating future use and redevelopment plans.
The building is located at 2487 Main Street in downtown Rangeley, with the storefront occupied by Black Bear Trading Post. The upper floors may offer an opportunity to create three to four residential apartments, subject to municipal approvals and permitting. Downtown Commercial zoning is identified for the property, providing an important framework for evaluating future use and redevelopment plans.
Key Highlights
- 4,080‑square‑foot mixed‑use commercial building on 0.13 acres
- Ground‑floor retail space occupied by Black Bear Trading Post
- Two unfinished upper floors with potential for 3 to 4 apartments, subject to approvals
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown commercial property with an occupied retail storefront and two unfinished levels for future residential conversion.
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 commercial building on 0.13 acres; Ground‑floor retail space occupied by Black Bear Trading Post; Two unfinished upper floors with potential for 3 to 4 apartments, subject to approvals
