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Historic Brick Mixed-Use Building
For Sale
$700,000

28 E Main St, Searsport, ME 04974

Four-level property combines storefront space, three apartments, a full basement, and an attic suited to future development.

Property Size4,560 SF
Price / SF$153.51
Days on Market42

Property Features for 28 E Main St

General Information

Standard status Active
Size 4,560 SF

Additional Details

Multifamily Units 3

Building Details

Year Built 1848
Buildings 1
Stories 4
Construction brick
Listing Agency: Keller Williams Realty
Listed By: Michael Cole · License #BA914419
Source: 603luxury
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 3:50AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 4,560-square-foot mixed-use building at 28 E Main St combines historic construction with updated residential interiors. Built in 1848, the brick structure includes a full basement set into bedrock, two storefronts on the first floor, two remodeled apartments on the second floor, and an open studio apartment on the third floor. The upper residential spaces feature wide plank flooring, high ceilings, black quartz countertops, glass showers, subway tile, and a marble-top bar. A fourth-floor attic with exposed beams provides additional development potential.

The property is located in Searsport, Maine, and includes ocean views. The first-floor storefronts are suited to retail or dining use and may also be converted into apartments, providing flexibility within the existing layout.

Key Highlights

  • 4,560 SF mixed‑use building constructed in 1848
  • Two first‑floor storefronts adaptable for retail, dining, or apartment conversion
  • Two remodeled apartments plus a third‑floor open studio apartment

Property Analytics

Current Use

The Aquarian Gift Shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Storage Facility Real Estate Agency 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 04974, ME

2,649
Population
1,628
Households
1.6
Avg Household Size
50
Median Age
28%
College-Educated
95%
High-School Grad
28.7 sq mi
ZIP Area
92
Density / Sq Mi
$61,283
Median Household Income
$42,955
Median Earnings
$891
Median Rent
$242,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-level property combines storefront space, three apartments, a full basement, and an attic suited to future development.
Where is this mixed-use property located?
The property is located at 28 E Main St Searsport, ME.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 4,560 SF mixed‑use building constructed in 1848; Two first‑floor storefronts adaptable for retail, dining, or apartment conversion; Two remodeled apartments plus a third‑floor open studio apartment
More about this property
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