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Mixed-Use Store and Residence
For Sale
$565,000

3 Water Street, Princeton, ME 04668

Commercial Sale, Grand Lake Stream Plt, ME

Property Size3,600 SF
Lot Size1.00 Acre
Price / SF$156.94
Days on Market42

Property Features for 3 Water Street

General Information

Property type Commercial Sale
Property subtype Retail
Rooms Basement
Parking features Other
Basement Unfinished, Walk-Out Access, Full
Lot features Downtown, Rural
Standard status Active
Size 3,600 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2500

Utilities

Sewer type Private Sewer
Heating system Heat Pump (Heating), Oil, Baseboard, Hot Water(Heating), Electric (Heating)
Cooling system Heat Pump
Water source Private
Water front features Stream, Lake
Water front 1

Building Details

Year built 1935
Flooring type Wood
Building materials Wood Frame, Brick, Shingle Siding, Vinyl Siding
Roof type Shingle
Listing Agency: Berkshire Hathaway HomeServices Northeast Real Estate · Prudential Real Estate
Listed By: Britani Holloway · License #927390
Added: Jul 16 Changed: Aug 19 Last Checked: Aug 26 at 11:06AM
MLS# 1652775

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a general store, lunch counter, fuel sales, and an upstairs three-bedroom residence within approximately 3,600 square feet. The sale includes the store’s equipment and inventory, allowing the existing commercial operation and residential component to transfer together. Wood-frame construction, wood flooring, shingle roofing, private water, and private sewer are among the property’s physical features. Built in 1935, the building includes a basement and is heated by a combination of heat pump, oil, baseboard, hot water, and electric systems, with heat pump cooling.

The property occupies 1 acre at 3 Water Street in Grand Lake Stream Plt, Washington County, Maine. A public boat launch is located down the road, while the surrounding area includes trails and logging roads used for vehicle, ATV, and snowmobile access. Grand Lake Stream is associated with fly fishing, hunting, wildlife viewing, paddling, and seasonal outdoor recreation.

Key Highlights

  • 3,600 square feet on 1 acre in Grand Lake Stream Plt, Maine
  • General store with groceries, sundries, beer, wine, soft drinks, and gasoline
  • Lunch counter plus equipment and inventory included in the sale

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 04668, ME

1,765
Population
1,319
Households
1.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
220.4 sq mi
ZIP Area
8
Density / Sq Mi
$43,173
Median Household Income
$29,349
Median Earnings
$725
Median Rent
$116,400
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Established general store with lunch service, fuel sales, and an upstairs residence in a year-round outdoor recreation setting.
Where is this mixed-use property located?
The property is located at 3 Water Street Princeton, ME.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 3,600 square feet on 1 acre in Grand Lake Stream Plt, Maine; General store with groceries, sundries, beer, wine, soft drinks, and gasoline; Lunch counter plus equipment and inventory included in the sale
More about this property
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