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Waterfront Mixed-Use Property
New
For Sale
$1,949,000

96 State Route 121, Otisfield, ME 04270

Commercial Sale, Otisfield, ME

Property Size1,800 SF
Lot Size0.68 Acres
Price / SF$1,082
Days on Market1

Property Features for 96 State Route 121

General Information

Property type Commercial Sale
Property subtype Other
Zoning SHORELAND
Rooms Basement
Basement Walk-Out Access
Lot features Waterfront
Standard status Active
Size 1,800 SF
Lot size 0.68 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Additional Details

Mixed-Use Components residential, retail

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8695

Utilities

Sewer type Private Sewer
Heating system Propane (Heating), Oil, Forced Air
Cooling system Heat Pump
Water source Private
Water front features Lake
Water front 1

Amenities

private deck
oversized deck
commercial kitchen
half bath
dock
boat slips
RV hookup
water hookups

Building Details

Year built 2006
Number of units 2
Flooring type Tile, Laminate, Vinyl
Building materials Wood Frame, Wood Siding
Roof type Shingle, Metal
Listing Agency: Portside Real Estate Group
Listed By: Emily Theriault
Added: Oct 23 Last Checked: Oct 23 at 4:06PM
MLS# 1685422

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 0.68-acre mixed-use property on Thompson Lake combines a renovated three-bedroom, 2.5-bath residence with a waterfront store. The home has lake views from the living room and primary bedroom, sliding doors to a deck, and an additional 1,600 square feet in the basement. The store includes a commercial kitchen, half bath, and Toast POS equipment, including kitchen display screens and a self-order kiosk.

The property has 158 feet of privately owned lakefront and zoning designated SHORELAND. At the water's edge, an approved marine fuel station has a dedicated dock, and the site includes 15 boat slips and customer docking. An RV hookup and water hookups are also present.

Key Highlights

  • 158 feet of privately owned waterfront on Thompson Lake
  • 0.68‑acre site with SHORELAND zoning
  • Renovated three‑bedroom, 2.5‑bath home with lake views and deck

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Marinas

Suggested Use

Top Pick Restaurant

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 04270, ME

6,082
Population
3,222
Households
1.9
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
78.6 sq mi
ZIP Area
77
Density / Sq Mi
$69,263
Median Household Income
$36,946
Median Earnings
$1,262
Median Rent
$194,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A renovated home and lakefront store share the site, alongside a marine fuel station and customer docking.
Where is this mixed-use property located?
The property is located at 96 State Route 121 Otisfield, ME.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: 158 feet of privately owned waterfront on Thompson Lake; 0.68‑acre site with SHORELAND zoning; Renovated three‑bedroom, 2.5‑bath home with lake views and deck
More about this property
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