Search
Historic Specialty Building
For Sale
$385,000

500 Main Street, Norway, ME 04268

Town water and sewer reach the building, which also has a 200-amp electrical panel.

Property Size3,000 SF
Price / SF$128.33
Days on Market930

Property Features for 500 Main Street

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial
Zoning NB

Additional Details

Utilities to Site Yes

Building Details

Building Size 3,000 SF
Year Built 1850
Listing Agency: Hearth & Key Realty
Listed By: Holly Brown
Source: Amerorealty
Added: Apr 16, 2024 Changed: Oct 31 Last Checked: Oct 31 at 2:35PM

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 Hearth & Key Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Dating to 1850, this 3,000-square-foot specialty property combines restored historic detailing with an interior that remains unfinished. Ribbon molding, hardwood floors, arched openings, curved windows and steam radiators retain the building’s period character. A preservation easement requires the exterior to remain in its current condition.

Relocated to 500 Main Street in Norway in 2011, the building sits on a poured-concrete foundation. Exterior work includes a 35-year architectural shingle roof, rebuilt chimneys, restored or replaced clapboards and trim, professionally restored windows, a stone retaining wall and landscaping. Town water and sewer have been brought to the property, and a 200-amp electrical panel has been installed. The zoning designation is NB.

Key Highlights

  • 3,000‑square‑foot building constructed in 1850
  • Preservation easement protects the exterior in its current condition
  • Moved to 500 Main Street on June 11, 2011, and set on a new poured‑concrete foundation

Property Analytics

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

Current Use

Specialty properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Bakery Grocery & Convenience Store Furniture & Home Goods Garden Center

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

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
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Specialty property - Town water and sewer reach the building, which also has a 200-amp electrical panel.
Where is this specialty property located?
The property is located at 500 Main Street Norway, ME.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 3,000‑square‑foot building constructed in 1850; Preservation easement protects the exterior in its current condition; Moved to 500 Main Street on June 11, 2011, and set on a new poured‑concrete foundation
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved