173 Main St Searsport, ME 04974
This exceptional 1,400 square foot retail property, located at 173 W Main Street in Searsport, Maine (zip code 04974), presents a compelling investment opportunity. Built in 2015, this single-story building sits on a 1.37-acre lot (APN: SEAP-000001-000000-000008-C000000) and is zoned for commercial use (Comm). Currently housing a successful business, the property offers significant expansion potential. The asking price is $499,900, translating to $357.07 per square foot. Its prime location on Route 1 ensures high visibility and traffic. A key advantage is an existing septic design for an additional dwelling, opening up further development possibilities. This property is an ideal choice for investors seeking a strong return in a high-traffic location with room for growth. The property's excellent visibility and existing business operations make it a truly attractive investment. The ample lot size and approved septic design for an additional dwelling provide significant potential for future expansion and increased revenue streams. Don't miss this chance to acquire a thriving retail space with substantial upside.
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Up-N-Smoke Fireworks Discount Store Party Supply Store
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
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.