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Mixed-Use Building with Storefronts
New
For Sale
$649,000

54 Main St, Blue Hill, ME 04614

Three stories combine ground-floor retail space with apartments and an additional residence in progress.

Property Size3,000 SF
Price / SF$216.33
Days on Market7

Property Features for 54 Main St

General Information

Standard status Active
Size 3,000 SF

Building Details

Year Built 1858
Listing Agency: Legacy Properties Sotheby's International Realty
Listed By: Tina Allen, Jeffrey Allen
Source: Aroostookrealestate
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 5 at 9:49PM

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 Legacy Properties Sotheby's International Realty

Investment Insights

Based on property information with market context.

Built in 1858, this three-story property combines two ground-floor storefronts with residential space. The first level also contains an apartment, and a second apartment occupies the floor above. A further residence is being developed on the top floor, which has views toward the water. Decks face the backyard.

The building is in Blue Hill Village’s Historic District, within walking distance of the waterfront park, library, restaurants, galleries, shops, YMCA, and Blue Hill Mountain hiking trails.

Key Highlights

  • Three‑story mixed‑use building constructed in 1858
  • Two storefront spaces and an apartment on the first floor
  • One additional apartment on the second floor

Property Analytics

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Current Use

Maine Rentals & Real ... Vacation Rental Peninsula Property Rental Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Bakery (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three stories combine ground-floor retail space with apartments and an additional residence in progress.
Where is this mixed-use property located?
The property is located at 54 Main St Blue Hill, ME.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Three‑story mixed‑use building constructed in 1858; Two storefront spaces and an apartment on the first floor; One additional apartment on the second floor
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