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Mixed-Use Property with Auto Garage

50 Beal Street, Norway, ME 04268

For Sale
$449,900

An upstairs apartment sits above an office and attached service garage, with two additional lots included.

Property Size1,920 SF
Price / SF$234.32
Days on Market39

Property Features for 50 Beal Street

General Information

Standard status Active
Size 1,920 SF
Property subtype Multi-family

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Automotive Uses auto repair
Real Estate Included Yes

Building Details

Buildings 2
Construction New Englander-style
Listing Agency: Everett Realty Group
Listed By: Shelly Everett · License ME DB923325
Source: Profoundrealestate
Added: Oct 2 Changed: Nov 8 Last Checked: Nov 8 at 6:25AM

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 Everett Realty Group

Rey
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Investment Insights

Based on property information with market context.

The 1,920-square-foot main building combines residential and commercial space. A two-bedroom, one-bath apartment occupies the second floor, while the first floor has an office area connected with the auto service business. An attached garage provides additional service and storage space.

The offering also includes two separate lots in Norway. One contains an older vacant building; the other is vacant and used for parking. Together, the three lots include the main property and both additional parcels.

Key Highlights

  • 1,920‑square‑foot main building
  • Second‑floor apartment with two bedrooms and one bathroom
  • First‑floor office area associated with the auto service business

Property Analytics

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Current Use

HTCM LLC Electrical Service R/K Automotive Auto Repair Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Building Supply Bakery Furniture & Home Goods Storage Facility Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Dunkin' Donuts Dining
12,424 visits/mo 0.3 miles
Cumberland Farms Shops & Services
11,204 visits/mo 0.2 miles
Dollar General Shops & Services
8,256 visits/mo 0.4 miles
Gulf Oil Shops & Services
3,803 visits/mo 0.4 miles
KeyBank Shops & Services
2,429 visits/mo 0.4 miles

Demographics for 04268, ME

5,077
Population
2,869
Households
1.8
Avg Household Size
48
Median Age
23%
College-Educated
90%
High-School Grad
45.0 sq mi
ZIP Area
113
Density / Sq Mi
$53,162
Median Household Income
$35,897
Median Earnings
$758
Median Rent
$184,700
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 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 - An upstairs apartment sits above an office and attached service garage, with two additional lots included.
Where is this mixed-use property located?
The property is located at 50 Beal Street Norway, ME.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 1,920‑square‑foot main building; Second‑floor apartment with two bedrooms and one bathroom; First‑floor office area associated with the auto service business
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