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Mixed-Use Building with Water Views
For Sale
$1,050,000

36 Main St, Stonington, ME 04681

Five residential apartments sit above a commercial space occupying the full first floor.

Property Size8,000 SF
Price / SF$131.25
Days on Market9

Property Features for 36 Main St

General Information

Standard status Active
Size 8,000 SF
Property subtype Multifamily

Site & Location

Road Access Yes
Mixed-Use Components residential, commercial

Additional Details

Multifamily Units 5

Amenities

water views
second-floor deck
green space

Building Details

Year Built 1890
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: www.HomeZu.com
Listed By: Carol Kline
Source: Klinerealtygroup
Added: Oct 29 Changed: Oct 30 Last Checked: Nov 6 at 8:14AM

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 www.HomeZu.com

Rey
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Investment Insights

Based on property information with market context.

Built in 1890, this 8,000-square-foot mixed-use property contains five residential units with one- to three-bedroom layouts and a commercial space spanning the entire first floor. Water views are available from many of the apartments, and residents share access to a second-floor deck overlooking the water.

The property is on Main Street in Stonington Village, with harbor and water views. Parking is available both on the street and off street, and the site includes green space.

Key Highlights

  • 8,000‑square‑foot mixed‑use property built in 1890
  • Five residential units ranging from one to three bedrooms
  • Commercial space occupies the entire first floor

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Furniture & Home Goods Pharmacy Cafe & Coffee Shop 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.

Lease Details

5
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 04681, ME

1,056
Population
889
Households
1.2
Avg Household Size
53
Median Age
30%
College-Educated
95%
High-School Grad
9.8 sq mi
ZIP Area
108
Density / Sq Mi
$60,147
Median Household Income
$37,083
Median Earnings
$775
Median Rent
$212,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Five residential apartments sit above a commercial space occupying the full first floor.
Where is this mixed-use property located?
The property is located at 36 Main St Stonington, ME.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 8,000‑square‑foot mixed‑use property built in 1890; Five residential units ranging from one to three bedrooms; Commercial space occupies the entire first floor
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