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Mixed-Use Building with Restaurant Approval

370 Main Street, Wilton, ME 04294

For Sale
$200,000

The building supports combined residential and commercial occupancy in a downtown setting.

Property Size2,400 SF
Price / SF$83.33
Days on Market82

Property Features for 370 Main Street

General Information

Standard status Active
Size 2,400 SF
Property subtype Commercial
Zoning Downtown Village

Taxes and HOA fees

Annual Taxes $3,040

Building Details

Building Size 2,400 SF
Year Built 1950
Buildings 1
Listing Agency: LAER
Listed By: John Blouin · License #BA919181
Source: Amerorealty
Added: Aug 17 Changed: Oct 31 Last Checked: Nov 6 at 2:31AM

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 LAER

Rey
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Investment Insights

Based on property information with market context.

At 2,400 square feet, this mixed-use building offers a flexible interior with an open layout. The structure has been taken to the studs, with new plumbing, updated electrical systems, and a redone foundation. Plans for a 50-seat restaurant have been approved, providing a defined option for the commercial space. Zoning is Downtown Village.

The property is at 370 Main Street in Wilton, 0.5 miles from a park with a public beach, walking paths, and community activities. Downtown Wilton is 15 minutes from Farmington.

Residential and commercial occupancy can be combined in the building, or the property can support two rental units. The open interior allows the space to be configured for a business use alongside living space.

Key Highlights

  • 2,400‑square‑foot building with an open interior
  • Approved plans for a 50‑seat restaurant
  • New plumbing, updated electrical systems, and redone foundation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store

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

116
Businesses Nearby

Demographics for 04294, ME

3,862
Population
1,844
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
96%
High-School Grad
53.4 sq mi
ZIP Area
72
Density / Sq Mi
$61,016
Median Household Income
$35,091
Median Earnings
$495
Median Rent
$183,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building supports combined residential and commercial occupancy in a downtown setting.
Where is this mixed-use property located?
The property is located at 370 Main Street Wilton, ME.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,400‑square‑foot building with an open interior; Approved plans for a 50‑seat restaurant; New plumbing, updated electrical systems, and redone foundation
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