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Mixed-Use Commercial Property
New
For Sale
$499,000

398 E Main Street, Searsport, ME 04974

Commercial Sale, Searsport, ME

Property Size3,696 SF
Lot Size1.00 Acre
Price / SF$135.01
Days on Market1

Property Features for 398 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial 2
Lot features Near Shopping
Standard status Active
Size 3,696 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2026

Utilities

Sewer type Septic Tank, Private Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1987
Number of units 3
Flooring type Wood, Vinyl, Concrete
Building materials Wood Frame, Shingle Siding
Roof type Shingle
Listing Agency: ERA Dawson-Bradford Co. · ERA Real Estate
Listed By: Elizabeth Moskovitz
Added: Sep 9 Last Checked: Sep 9 at 9:06PM
MLS# 1679934

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 398 E Main Street in Searsport, this 3,696-square-foot mixed-use building sits on 1 acre and includes three distinct components: an operating creamery, a separate commercial space, and a furnished two-bedroom apartment on the second floor. The property was built in 1987 with wood-frame construction, shingle siding, wood, vinyl, and concrete flooring, plus a shingle roof.

The building is positioned along Route 1 and uses public water with a private septic system. Heat pumps serve each unit, with installation completed in 2020. Additional updates include a septic system installed in 2020, a generator added in 2020, and a roof replacement completed in 2018. Commercial 2 zoning supports the property's mixed commercial configuration.

Key Highlights

  • 3,696‑square‑foot mixed‑use building on 1 acre
  • Operating creamery, separate commercial space, and 2‑bedroom apartment
  • Located on Route 1 at 398 E Main Street, Searsport, ME 04974

Property Analytics

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Current Use

Stone Fox Farm ... Grocery & Convenience Store

Suggested Use

Top Pick HVAC Service Auto Repair Shop Furniture & Home Goods Carpet & Flooring Store Big Box & Wholesale Store Catering Service

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

1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 04974, ME

2,649
Population
1,628
Households
1.6
Avg Household Size
50
Median Age
28%
College-Educated
95%
High-School Grad
28.7 sq mi
ZIP Area
92
Density / Sq Mi
$61,283
Median Household Income
$42,955
Median Earnings
$891
Median Rent
$242,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - One building combines a creamery, second commercial unit, and furnished apartment.
Where is this mixed-use property located?
The property is located at 398 E Main Street Searsport, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,696‑square‑foot mixed‑use building on 1 acre; Operating creamery, separate commercial space, and 2‑bedroom apartment; Located on Route 1 at 398 E Main Street, Searsport, ME 04974
More about this property
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