176 Us-1 Freeport, ME 04032
This exceptional Freeport, Maine investment opportunity presents a 3,380 square foot mixed-use building situated on a one-acre lot at 176 US Route One. The property boasts excellent visibility from Route One and I-295, offering significant signage potential. The building, constructed in 1850 and featuring two stories, comprises three units: a 1,974 square foot ground floor commercial space currently occupied, and two newly remodeled, one-bedroom, one-bathroom residential units on the second floor, totaling 1,406 square feet. The property is fully occupied, offering immediate income potential. The permitted zoning is C1. Ample paved parking is available on the property. This owner-user investment presents a rare chance to acquire a well-located, income-producing asset in a thriving Maine community. The building's blend of commercial and residential space provides diverse income streams and potential for future development. The property's prime location and high visibility make it an ideal investment for both owner-occupants and investors seeking strong returns.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.