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Mixed-Use Property with Storefront

2520 Atlantic Highway, Lincolnville, ME 04849

For Sale
$355,000

An upstairs two-bedroom apartment sits above ground-floor commercial space.

Property Size2,374 SF
Price / SF$149.54
Days on Market1045

Property Features for 2520 Atlantic Highway

General Information

Standard status Active
Size 2,374 SF
Property subtype Commercial
Zoning 13 - GD COMM

Site & Location

Road Access Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $4,534

Building Details

Building Size 2,374 SF
Year Built 1900
Buildings 1
Stories 2
Listing Agency: Cates Real Estate
Listed By: Martin Cates
Source: Integrityhomesrealestategroup
Added: Jan 2, 2024 Changed: Nov 11 Last Checked: Nov 11 at 2:24AM

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 Cates Real Estate

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property contains 2,374 square feet, with commercial space on the ground level and a two-bedroom, one-bathroom apartment above. The ground floor is occupied by The Beach Store, while the upper residence looks out toward the beach and marshland. Built in 1900, the property is zoned 13 - GD COMM.

The building is across Route 1 from Lincolnville Beach and a short walk from the ferry terminal serving Islesboro. Its commercial and residential components are arranged within one property, with the apartment offering views of the nearby coastal landscape.

Key Highlights

  • 2,374‑square‑foot mixed‑use property
  • Ground floor currently accommodates The Beach Store
  • Upper‑level apartment has 2 bedrooms and 1 bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Building Supply Furniture & Home Goods Storage Facility Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 04849, ME

3,862
Population
2,521
Households
1.5
Avg Household Size
51
Median Age
48%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
63
Density / Sq Mi
$79,051
Median Household Income
$43,833
Median Earnings
$1,194
Median Rent
$316,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - An upstairs two-bedroom apartment sits above ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 2520 Atlantic Highway Lincolnville, ME.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2,374‑square‑foot mixed‑use property; Ground floor currently accommodates The Beach Store; Upper‑level apartment has 2 bedrooms and 1 bathroom
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