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Mixed-Use Corner Building
For Sale
$1,495,000

3 Main St, Castine, ME 04421

Village property combines commercial space with four residential units in a flexible mixed-use configuration.

Property Size5,000 SF
Price / SF$299
Days on Market39

Property Features for 3 Main St

General Information

Standard status Active
Size 5,000 SF

Additional Details

Corner Location Yes

Building Details

Year Built 1765
Buildings 1
Tenancy Multi
Listing Agency: Saltmeadow Properties, Inc.
Listed By: Karen Koos
Source: Aroostookrealestate
Added: Jul 24 Changed: Aug 29 Last Checked: Aug 30 at 7:47PM

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 Saltmeadow Properties, Inc.

Investment Insights

Based on property information with market context.

Located at 3 Main Street in Castine, this 5,000-square-foot mixed-use building combines three commercial spaces with four residential units. The residences occupy the top two floors, creating a clear separation between commercial and residential components within the property. The configuration also allows an owner to occupy one residential unit while retaining additional rental units.

The building occupies the corner of Main Street and Water Street in the village center, with visibility toward the town dock and along Main Street. Dating to 1765, the property has long served as a community gathering point and is currently occupied by established businesses. Its combination of commercial occupancy, residential units, and prominent village placement creates a flexible ownership profile.

Key Highlights

  • 5,000‑square‑foot mixed‑use building
  • Three commercial spaces and four residential units
  • Residential units occupy the top two floors

Property Analytics

Current Use

Ebee's Sweets Bakery Compass Rose Books (Bike/Boat/Book/etc) Store The Breeze & Castine Variety Restaurant

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 04421, ME

1,320
Population
694
Households
1.9
Avg Household Size
27
Median Age
76%
College-Educated
100%
High-School Grad
7.8 sq mi
ZIP Area
169
Density / Sq Mi
$111,500
Median Household Income
$9,794
Median Earnings
$1,028
Median Rent
$557,700
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 - Village property combines commercial space with four residential units in a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 3 Main St Castine, ME.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 5,000‑square‑foot mixed‑use building; Three commercial spaces and four residential units; Residential units occupy the top two floors
More about this property
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