Building Details

Year built 1890

Floors in Building 3

Number of units 5

Flooring type Wood

Building materials Clapboard, Vinyl Siding, Wood Siding

Roof type Shingle

Architectural style Colonial

Listing Agency: www.HomeZu.com i***@entryonly.com Show Phone

Listed By: Jason Saphire · License #9086666 Show Phone

Added: Apr 30 Changed: Aug 1 Last Checked: Aug 3 at 11:06AM

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MLS# 1659921

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Investment Insights

Based on property information with market context.

Colonial-style multifamily building with five residential units ranging from one- to three-bedrooms, and one commercial space that occupies the entire first floor. Many units offer water views, with shared access to a second-floor deck overlooking the water. The property was previously a full service restaurant.

Located at 36 Main Street in Stonington Village, the building includes both on-street and off-street parking, along with green space. The site is serviced by public water and public sewer. Constructed in 1890, the building features clapboard and wood/vinyl siding and a shingle roof, with wood flooring.

With this mixed-use residential and commercial configuration, the building supports multiple occupancy options within a single structure, anchored by the shared deck access and water-view setting.

Key Highlights

• Shared access to a second‑floor deck with water views
• Five residential units ranging from one- to three‑bedrooms
• One commercial space occupying the entire first floor

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

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

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

Explore this area Business Placement

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

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?

Apartment building - Colonial apartment building in Village zoning with five residential units and a full first-floor commercial space, plus a shared water-view deck.

Where is this apartment building located?

The property is located at 36 Main Street Stonington, ME.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: Shared access to a second‑floor deck with water views; Five residential units ranging from one- to three‑bedrooms; One commercial space occupying the entire first floor