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    Solon, ME
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    Solon, ME Multifamily Properties for Sale

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    Embden, ME Madison, ME Bingham, ME
    Iconic Solon Hotel For Sale
    $399,000
    1.00 Acre
    Iconic Solon Hotel For Sale

    4 S Main Street, Solon, ME 4979

    Fully renovated Solon Hotel with multiple income opportunities.
    • Multiple six‑figure yearly net income as a fully functional business.
    • Renovated in 2022 with new metal roof, windows, electrical, and fully updated first floor including a new bar and event hall.
    • Prime location in the heart of Solon with year‑round traffic.
    • Versatile property with potential for hotel, apartments, Airbnb, or other ventures.
    • Turn‑key operation with entire staff willing to stay on.
    Updated: Feb 28, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Solon, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Licensed RV and Mobile Home Park
    $2,035,000
    1,000 SF
    Licensed RV and Mobile Home Park

    Licensed RV and mobile home park with 35 homes on site, supported by private paved road, well, and septic.

    Hidden Acres Drive, Madison, ME 04950

    View details
    Bingham Two-Unit Income Property
    $199,900
    2,442 SF
    Bingham Two-Unit Income Property

    Two-unit property with rental income potential and expansion possibilities.

    18 Preble Street, Bingham, ME 04920

    View details
    Well-Maintained Two-Unit Apartment Building
    $149,900
    1,632 SF
    Well-Maintained Two-Unit Apartment Building

    Two-unit apartment building with garage, storage, and yard near amenities.

    8 Preble Avenue, Madison, ME 04950

    View details
    Mixed-Use Retail and Apartments
    $80,000
    6,000 SF
    Mixed-Use Retail and Apartments

    Six-unit mixed-use property with two retail storefronts and multiple apartments in downtown Bingham, Maine.

    317 Main Street, Bingham, ME 04920

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Augusta Buildable Lot For Sale
    $49,900
    0.36 Acres
    Augusta Buildable Lot For Sale

    0.36 acre lot with public utilities, mobile homes allowed.

    214 Mount Vernon Avenue, Augusta, ME 04330

    View details
    Augusta Land For Sale
    $99,000
    14.63 Acres
    Augusta Land For Sale

    14.63 acre lot in Augusta's Rural Village Zoning.

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    View details
    Palermo Land on Route 3
    $79,900
    6.20 Acres
    Palermo Land on Route 3

    6.2 acre parcel with road frontage and development potential.

    2680 Route 3, Palermo, ME 04354

    View details
    Residential Land in Rural Setting
    $69,000
    307,098.00 Acres
    Residential Land in Rural Setting

    7.05-acre lot in Leeds, Maine, ready for home plans.

    Lot 26C Jennings Road, Leeds, ME 04263

    View details

    Solon, ME Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Solon, ME on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for multifamily properties in Solon, ME start at $399,000, averaging $399,000, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 1

    Demographics Overview

    Population 919
    Population Growth (5Y) +4.0%
    Median Household Income $56,136
    College Educated 51.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04979 $399K

    Taxes & Financing

    Tax Rate (average for all types) 1.95%
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

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