186 Main St Freeport, ME 04032

Property Details for 186 Main St

Property size

5,597 SF

Property type

Commercial real estate

Description

This exceptional mixed-use property at 186 Main Street in Freeport, Maine, presents a compelling redevelopment or development opportunity. The 5,597 square foot building sits on a 1.26-acre lot and is ideally situated for a variety of uses. Previously operating as a bed and breakfast and inn, the main structure boasts spacious living quarters, a sizable gathering/dining area, and a fully equipped commercial kitchen. The rear building features guest rooms across three levels. The property's versatile layout and substantial square footage offer significant potential for adaptive reuse or new construction. Its prime location on Main Street in Freeport places it within walking distance of major shopping destinations and less than a minute from I-295, ensuring excellent visibility and accessibility. Subject to town ordinances and necessary approvals, the expansive lot allows for the development of additional opportunities, making this a truly unique investment prospect. The asking price is $795,000, translating to $142.04 per square foot. This property is ready for an investor with a vision to capitalize on its considerable potential in a thriving Maine community. The zip code is 04032, and the property is located in Cumberland County.