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Two-Unit Retail Building
For Sale
$165,000

270 Main Street, Madison, ME 04950

A flexible interior layout and separate entrance options support occupancy by one retailer or two small businesses.

Property Size2,160 SF
Price / SF$76.39
Days on Market1062

Property Features for 270 Main Street

General Information

Standard status Active
Size 2,160 SF
Property subtype Commercial

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $1,446

Building Details

Building Size 2,160 SF
Year Built 1988
Listing Agency: Allied Realty
Listed By: John Ducharme III
Source: Amerorealty
Added: Dec 5, 2023 Changed: Oct 31 Last Checked: Oct 31 at 2:14PM

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 Allied Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,160-square-foot retail property was built in 1988 and has two bathrooms, including one with a bathtub. Its layout can accommodate two small businesses, with separate entrances connected by a shared entry area. Upstairs space provides additional storage.

The property is on Main Street near downtown Madison, with a paved parking lot.

Key Highlights

  • 2,160‑square‑foot retail property built in 1988
  • Layout can be divided for two small businesses
  • Separate entrances connect through a common entry area

Property Analytics

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

Current Use

Treasures (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Parking Lot & Garage Hair Salon

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

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 58% Dining 42%
Hannaford Groceries
10,596 visits/mo 0.2 miles
Dunkin' Donuts Dining
7,802 visits/mo 0.4 miles

Demographics for 04950, ME

4,726
Population
2,755
Households
1.7
Avg Household Size
46
Median Age
15%
College-Educated
95%
High-School Grad
51.9 sq mi
ZIP Area
91
Density / Sq Mi
$48,750
Median Household Income
$43,668
Median Earnings
$892
Median Rent
$154,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Retail space - A flexible interior layout and separate entrance options support occupancy by one retailer or two small businesses.
Where is this retail space located?
The property is located at 270 Main Street Madison, ME.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 2,160‑square‑foot retail property built in 1988; Layout can be divided for two small businesses; Separate entrances connect through a common entry area
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