Advertise
    Castine, ME
    Multifamily

    Castine, ME Multifamily Properties for Sale

    Notify Me
    List
    Map
    Brooksville, ME Islesboro, ME Penobscot, ME Stockton Springs, ME Searsport, ME Northport, ME Belfast, ME Blue Hill, ME
    Quadplex Building with Street-Corner Retail
    Updated: Jan 7
    Quadplex Building with Street-Corner Retail

    3 Main Street, Castine, ME 04421

    $1,495,000
    5,000 sqft 0.10 AC lot
    3 commercial spaces with 4 residential units on the top two floors
    Clapboard construction and shingle roof with a basement
    Heat pump heating and vinyl/wood flooring
    5,000 SF on a 0.1‑acre lot
    Corner of Main Street and Water Street
    View details
    Mixed-Use Village Corner Building
    Updated: Oct 28, 2024
    Mixed-Use Village Corner Building

    3 Main Street, Castine, ME 04421

    $1,495,000
    Three commercial spaces and four residential units
    Commercial zoning
    Corner location at Main Street and Water Street
    Residential units occupy the top two floors
    Visibility from the town dock and Main Street
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Castine, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with First-Floor Office
    Mixed-Use Building with First-Floor Office

    230 Searsport Avenue, Belfast, ME 04915

    $595,000
    4,213 sqft 0.58 AC lot

    Mixed-use building with first-floor office space and two one-bedroom apartments, zoned Searsport Ave Comm.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    109 Northport Avenue, Belfast, ME 04915

    $1,050,000
    2,774 sqft 0.64 AC lot

    Colonial property with public utilities, basement laundry, and paved parking.

    View details
    Oceanfront Duplex with Two Homes
    Oceanfront Duplex with Two Homes

    8 Navy Street Ext., Searsport, ME 04974

    $1,250,000
    3,450 sqft 0.95 AC lot

    Two oceanfront homes on one waterfront parcel with public utilities, solar panels, and a two-car garage with EV charging station.

    View details
    Mixed-Use Brick Building
    Mixed-Use Brick Building

    37 E Main St, Searsport, ME 04974

    Contact for pricing

    Historical brick property featuring a penthouse with four apartments and two street-level commercial locations with ocean views.

    View details

    Castine, ME Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Castine, ME on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $2,990,000.

    Sale prices for multifamily properties in Castine, ME average $1,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 1,222
    Population Growth (5Y) +0.7%
    Median Household Income $111,500
    College Educated 61.1%

    High-Yield Neighborhoods for Investment

    Identify Castine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04421 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hancock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hancock County

    Retail

    Office

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Castine, ME

    Popular Searches in Castine, ME

    Most Searched ZIP Codes in Castine, ME

    • 04421

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!