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Mixed-Use Building with Restaurant Equipment
For Sale
$169,000

346348 346-348 Main St, Bingham, ME 04920

Flexible two-level property with restaurant infrastructure, upper-floor apartment potential, and rear off-street parking.

Property Size3,854 SF
Price / SF$43.85
Days on Market42

Property Features for 346348 346-348 Main St

General Information

Standard status Active
Size 3,854 SF

Restaurant

Grease Trap Yes
Equipment Included Yes

Additional Details

Road Access Yes

Amenities

parking lot
grease trap

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Aaron Kollmeyer · License #SA927421
Source: Aroostookrealestate
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 25 at 4:00AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 3,854-square-foot, two-story mixed-use building formerly operated as a restaurant with an apartment above. The first floor can be configured for two residential units or commercial and retail space, while the second floor may accommodate two two-bedroom, one-bath apartments. A grease trap and restaurant equipment are included, supporting continued food-service use or conversion to another commercial format.

Building improvements include a newer metal roof, a serviced boiler supplying hot water baseboard heat to both floors, and a first-floor heat pump for supplemental heating and cooling. The sale also includes the parking lot behind the building, providing off-street parking. The property is located on Main Street in downtown Bingham, Maine.

Key Highlights

  • 3,854‑square‑foot mixed‑use building with two‑level layout
  • First floor offers potential for two residential units or commercial/retail space
  • Second floor may accommodate two 2‑bedroom, 1‑bath apartments

Property Analytics

Current Use

Conventional restaurants

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 04920, ME

1,602
Population
1,298
Households
1.2
Avg Household Size
54
Median Age
12%
College-Educated
91%
High-School Grad
219.8 sq mi
ZIP Area
7
Density / Sq Mi
$43,138
Median Household Income
$34,673
Median Earnings
$827
Median Rent
$108,900
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 - Flexible two-level property with restaurant infrastructure, upper-floor apartment potential, and rear off-street parking.
Where is this mixed-use property located?
The property is located at 346348 346-348 Main St Bingham, ME.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 3,854‑square‑foot mixed‑use building with two‑level layout; First floor offers potential for two residential units or commercial/retail space; Second floor may accommodate two 2‑bedroom, 1‑bath apartments
More about this property
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