Maine Multi-Unit Investment
For Sale
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34 Middle Ridge Rd, Bridgton, ME 04009
Large residential asset in Maine's Lakes & Mountains region.
Property Size4,427 SF
Lot Size2.50 Acres
Price / SF$141.18
Days on Market122
Property Features for 34 Middle Ridge Rd
General Information
Standard status
Active
Size
4,427 SF
Lot size
2.50 Acres
Property subtype
Hospitality, Multifamily
Zoning
FF
Building Details
Year Built
1989
Buildings
1
Stories
3
Units
10
Listing Agency:
CENTURY 21 North East
(207) 749-4995
Listed By:
Michelle Libby · License #ME BA919536
Source:
Crexi
Added: Apr 29
Changed: Aug 25
Last Checked: Aug 26 at 8:32AM
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 CENTURY 21 North East
Investment Insights
Based on property information with market context.
Located in Maine’s high-demand Lakes & Mountains region, this property at 34 Middle Ridge Road presents an investment opportunity with a history of multi-unit and hospitality use. The 4,427± SF property is situated on 2.5 private wooded acres. The layout supports duplex, triplex, or short-term rental suite conversion. The property features 14 rooms, 6 bedrooms, and 6 bathrooms (4 of 6 bedrooms with en-suite). It includes a large laundry room configured for multiple washer/dryer sets, and plumbing infrastructure is in place for additional kitchens/baths. The property has three finished levels offering flexible unit separation. It is located near Pleasant Mountain Ski Area, Highland Lake, Long Lake, and downtown Bridgton. The location offers strong seasonal demand for short-term and furnished rentals, making it ideal for four-season income generation. The property was previously operated as multi-family housing and an inn/B&B. Potential business uses include conversion back to multi-unit residential, operation as a short-term rental portfolio asset, hybrid owner-occupied + income, or boutique lodging or retreat-style rental model (subject to local approvals).
Key Highlights
- High‑demand Lakes & Mountains region location ideal for short‑term rentals and four‑season income.
- Large 4,427± SF property on 2.5 private acres with flexible multi‑unit or single‑family use potential.
- Six bedrooms and six bathrooms (4 en‑suite) suitable for various rental or residential configurations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 04009, ME
5,298
Population
4,580
Households
1.2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
56.5 sq mi
ZIP Area
94
Density / Sq Mi
$86,386
Median Household Income
$48,737
Median Earnings
$1,196
Median Rent
$286,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Large residential asset in Maine's Lakes & Mountains region.
Where is this multifamily property located?
The property is located at 34 Middle Ridge Rd Bridgton, ME.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: High‑demand Lakes & Mountains region location ideal for short‑term rentals and four‑season income.; Large 4,427± SF property on 2.5 private acres with flexible multi‑unit or single‑family use potential.; Six bedrooms and six bathrooms (4 en‑suite) suitable for various rental or residential configurations.
