1 Water St Searsport, ME 04974
- Mixed-use properties
- 3,000 SF
- 0.27 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1 Water St
- Year built
- 1960
- Lot size
- 0.27 lot acres
- Property size
- 3,000 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 1 Water Street in Searsport, Maine, offers a unique blend of commercial and residential space. The main level boasts a completely renovated 3-bedroom, 2-bathroom farm-style ranch home. An open-concept design seamlessly integrates a modern kitchen, living area, and a striking butcher block kitchen island, perfect for entertaining. Wide plank wood floors and a lovely electric fireplace add to the home's charm. A spacious deck provides stunning harbor and downtown views. The lower level features a separate, fully renovated 2-bedroom, 1-bathroom apartment with its own private patio, presenting excellent potential for rental income or an AirBnB opportunity. The 3,000 square foot property sits on a 0.27-acre lot, conveniently located within walking distance of Mosman Park, offering basketball courts, picnic tables, BBQ grills, and picturesque harbor views. This meticulously renovated property presents a rare opportunity in the heart of Searsport, combining comfortable living space with significant income potential. The property's prime location and versatile design make it an ideal investment for both residential and commercial ventures. This turnkey property is ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Searsport
- County
- Waldo
- State
- Maine
- Longitude
- -68.92621
- Latitude
- 44.45751
