194 Main St Freeport, ME 04032

This exceptional Freeport, Maine commercial property presents a unique investment opportunity. Located at 194 Main Street and 0 East Street, this mixed-use building and adjacent vacant lot offer a combined 3.86 acres of land. The main building, constructed in 1870, boasts 5,152 square feet and comprises four units: three office spaces and one approximately 1,700 square foot residential unit. The property is zoned V-I (Village I), allowing for a variety of potential uses. The building enjoys high visibility with 153 feet of frontage on Main Street, situated within the highly desirable Freeport Village District. The substantial 3.2-acre vacant lot behind the building presents significant development potential, adding considerable value to this already impressive offering. The asking price is $1,215,000, translating to $235.83 per square foot. The property's APN is Book 27356, Page 316, and it is owned by 194 Main Street LLC. This is a rare chance to acquire a substantial property in a prime location with significant upside potential. The combination of existing income-generating units and the large developable lot makes this an attractive investment for both immediate returns and future growth.