Multi-Family Building with Bay
For Sale
$1,125,000
515 Falls Bridge Road, Blue Hill, ME 04614
The Henhouse is a five-unit, four-level apartment building on 2.05 acres with many units offering Blue Hill Bay views.
Property Size7,700 SF
Lot Size2.05 Acres
Price / SF$146.10
Days on Market77
Property Features for 515 Falls Bridge Road
General Information
Standard status
Active
Size
7,700 SF
Lot size
2.05 Acres
Property subtype
Multi-family
Additional Details
Multifamily Units
5
Building Details
Year Built
1958
Stories
4
Tenancy
Multi
Listing Agency:
The Christopher Group,LLC
Listed By:
Molly Dwyer
(603) 866-2942
Source:
Profoundrealestate
Added: Jun 11
Changed: Aug 25
Last Checked: Aug 25 at 8:59AM
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 The Christopher Group,LLC
Investment Insights
Based on property information with market context.
The Henhouse is a distinctive multi-family building originally built in 1958 and later transformed into a recording studio and creative gathering place. Today, the 7,700± square foot building contains five apartments across four levels, including two large approximately 1,900-square-foot two-to-three-bedroom, two-bath apartments on the first and second floors. The third floor includes a one-bedroom and a two-bedroom apartment, and the top floor features a loft-style apartment that is rented seasonally. The property includes a propane-fired central hot water heating system, a newer roof, and updated kitchens, with additional space for further modernization.
Set on 2.05 surveyed acres on the Blue Hill Peninsula in South Blue Hill, the property is approximately one-half mile from the South Blue Hill Wharf. Blue Hill’s shops, restaurants, library, YMCA, hospital, and arts organizations are about five miles away, and Brooklin’s harbor, WoodenBoat School, and waterfront village are about seven miles away.
The existing layout is configured for residential income, and the building’s layout may also lend itself to office, studio, retreat, artist residency, or live/work uses, subject to local approvals.
Set on 2.05 surveyed acres on the Blue Hill Peninsula in South Blue Hill, the property is approximately one-half mile from the South Blue Hill Wharf. Blue Hill’s shops, restaurants, library, YMCA, hospital, and arts organizations are about five miles away, and Brooklin’s harbor, WoodenBoat School, and waterfront village are about seven miles away.
The existing layout is configured for residential income, and the building’s layout may also lend itself to office, studio, retreat, artist residency, or live/work uses, subject to local approvals.
Key Highlights
- 7,700± SF, four‑level building on 2.05 surveyed acres with 5 apartments
- Multiple units with views of Blue Hill Bay
- First- and second‑floor apartments are approximately 1,900 SF each with 2–3 bedrooms and 2 baths
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 04614, ME
2,792
Population
2,199
Households
1.3
Avg Household Size
52
Median Age
49%
College-Educated
92%
High-School Grad
62.5 sq mi
ZIP Area
45
Density / Sq Mi
$70,164
Median Household Income
$36,076
Median Earnings
$332,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - The Henhouse is a five-unit, four-level apartment building on 2.05 acres with many units offering Blue Hill Bay views.
Where is this apartment building located?
The property is located at 515 Falls Bridge Road Blue Hill, ME.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 7,700± SF, four‑level building on 2.05 surveyed acres with 5 apartments; Multiple units with views of Blue Hill Bay; First- and second‑floor apartments are approximately 1,900 SF each with 2–3 bedrooms and 2 baths
