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Mixed-Use Property with Two Apartments
For Sale
$326,500

340 Main Rd, Passadumkeag, ME 04475

Two apartments accompany a flexible ground-floor commercial space in a rural Maine setting.

Property Size4,464 SF
Price / SF$73.14
Days on Market56

Property Features for 340 Main Rd

General Information

Standard status Active
Size 4,464 SF
Property subtype Multi-Family

Building Details

Year Built 1984
Listing Agency: NextHome Experience
Listed By: Chelsea Ireland
Source: Lawanaandcompany
Added: Jul 7 Changed: Aug 30 Last Checked: Aug 30 at 7:07PM

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 NextHome Experience

Investment Insights

Based on property information with market context.

Located at 340 Main Road in Passadumkeag, this 4,464-square-foot mixed-use property combines residential and adaptable commercial space on 1.99± acres. Built in 1984, the building includes two upstairs apartments: a one-bedroom unit and a three-bedroom unit with an enclosed porch.

The ground floor provides a substantial open area that was formerly used for a general store and lunch counter. Its current configuration allows a new owner to reconsider the space for a workshop, studio, live-work arrangement, or additional apartments, subject to proper approvals. The property offers a combination of existing residential occupancy and flexible lower-level space in a small rural community.

Key Highlights

  • 4,464‑square‑foot mixed‑use building on 1.99± acres
  • Two upstairs apartments: one 1‑bedroom unit and one 3‑bedroom unit
  • Three‑bedroom apartment includes an enclosed porch

Property Analytics

Current Use

Point Passadumkeag River ... Campground & RV Park Lazer Mobile Auto ... Auto Repair Shop B N'w Variety ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair 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.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 04475, ME

356
Population
173
Households
2.1
Avg Household Size
51
Median Age
11%
College-Educated
91%
High-School Grad
22.9 sq mi
ZIP Area
16
Density / Sq Mi
$51,667
Median Household Income
$36,618
Median Earnings
$663
Median Rent
$93,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two apartments accompany a flexible ground-floor commercial space in a rural Maine setting.
Where is this mixed-use property located?
The property is located at 340 Main Rd Passadumkeag, ME.
What is the asking price?
The asking price for this property is $326,500.
What are key features of this property?
This property features: 4,464‑square‑foot mixed‑use building on 1.99± acres; Two upstairs apartments: one 1‑bedroom unit and one 3‑bedroom unit; Three‑bedroom apartment includes an enclosed porch
More about this property
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