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Nursing Home with 58 Beds
For Sale
$495,000

3 N Main Street N, Milbridge, ME 04658

Two-story healthcare facility with residential rooms, a full-service kitchen, elevator service, and Limited Residential zoning.

Property Size27,580 SF
Days on Market790

Property Features for 3 N Main Street N

General Information

Standard status Active
Size 27,580 SF
Total Parking Spaces 48
Property subtype Commercial
Zoning Limited Residential

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $18,600

Amenities

full-service kitchen
standby diesel power plant
oversized elevator
en suite half bathrooms

Building Details

Building Size 27,580 SF
Year Renovated 2022
Stories 2
Listing Agency: CORE
Listed By: Charles Hippler IV · License #SA927061
Source: Startpoint
Added: Jul 1, 2024 Changed: Aug 28 Last Checked: Aug 28 at 9:08PM

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 CORE

Investment Insights

Based on property information with market context.

The former Narraguagus Bay Health Care facility is a two-story nursing home property with 28 residential rooms and 58 beds. Each room includes an en suite .5 bathroom, while shared improvements include a full-service kitchen, 48 parking spaces, and an oversized elevator that recently passed inspection. A 1.1 KwH standby diesel power plant supports the property, and new rubber roofing and HVAC air handlers were installed in 2022.

Located at 3 N Main Street N on Route 1 in Milbridge, Maine, the property carries Limited Residential zoning. Residents occupied the facility as recently as June of 2024. The existing configuration supports consideration of continued elderly care use, with additional concepts identified in the property information including apartments, a rooming house, or hospitality.

Key Highlights

  • 28 residential rooms and 58 beds
  • 48 parking spaces
  • Full‑service kitchen included

Property Analytics

Current Use

The Red Barn Motel Hotel & Motel Narraguagus Bay Health ... Nursing Home

Suggested Use

Top Pick Building Supply Dental Office (Bike/Boat/Book/etc) Store Bakery Pharmacy Cafe & Coffee Shop

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

108
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04658, ME

1,375
Population
924
Households
1.5
Avg Household Size
50
Median Age
25%
College-Educated
92%
High-School Grad
23.8 sq mi
ZIP Area
58
Density / Sq Mi
$47,308
Median Household Income
$31,354
Median Earnings
$213,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Narraguagus Bay Health Care 3 Main St, Milbridge, ME 04658

Frequently Asked Questions

What type of property is this?
Nursing home - Two-story healthcare facility with residential rooms, a full-service kitchen, elevator service, and Limited Residential zoning.
Where is this nursing home located?
The property is located at 3 N Main Street N Milbridge, ME.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 28 residential rooms and 58 beds; 48 parking spaces; Full‑service kitchen included
More about this property
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