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    Canaan, ME
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    Canaan, ME Residential Income Properties for Sale

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    Downtown Two-Unit Corner Building
    Updated: Apr 12
    Downtown Two-Unit Corner Building

    289 Main St, Canaan, ME 04924

    Contact for pricing
    Currently set up as a two‑unit property with additional units vacant
    Opportunity to configure for up to five units (previously had two main‑floor commercial rentals and three rental units)
    Corner lot in downtown Canaan with approximately 200 ft frontage on Carrabasset Stream
    Includes a yard with fruit trees
    Building will need some TLC to return to full income potential
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Canaan, 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.

    Mobile Home Park with 11 Sites
    Mobile Home Park with 11 Sites

    714 Hinckley Road, Clinton, ME 04927

    $520,000
    1,000 sqft 5.13 AC lot

    Well-suited for income-focused operators, this mobile home park offers 11 sites on a private gravel road.

    View details
    Mobile Home & RV Park
    Mobile Home & RV Park

    124 Dr Mann Road, Skowhegan, ME 04976

    $1,755,000
    1,000 sqft 4.82 AC lot

    Licensed for 30 lots on 4.82 acres with a private newly paved road and public water and sewer.

    View details
    Mobile Home Park with Four Units
    Mobile Home Park with Four Units

    1145 Waterville Road, Skowhegan, ME 04976

    $550,000
    2.50 AC lot

    The property combines updated residences with space identified for additional mobile homes.

    View details
    Mobile Home Park with 11 Sites
    Mobile Home Park with 11 Sites

    714 Hinckley Rd, Clinton, ME 04927

    Contact for pricing

    Mobile home park offering 11 sites on private, gravel road access with on-site well and septic service.

    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.

    Vacant Lot in Skowhegan, Maine
    Vacant Lot in Skowhegan, Maine

    55 Beech Street, Skowhegan, ME 04976

    $65,000
    0.14 AC lot

    In-town lot with utilities near Skowhegan Fairgrounds.

    View details
    Residential Land in Country Setting
    Residential Land in Country Setting

    M4 L16-10 Fox Hollow Lane, Skowhegan, ME 04976

    $40,000
    1.08 AC lot

    Residential land for sale in Skowhegan, close to amenities.

    View details
    Residential Land in Country Setting
    Residential Land in Country Setting

    M4 L16-9 Fox Hollow Lane, Skowhegan, ME 04976

    $55,000
    1.01 AC lot

    Residential land for sale in Skowhegan, Maine with public water.

    View details
    Residential Land in Skowhegan, Maine
    Residential Land in Skowhegan, Maine

    M4 L16-7 Coburn Avenue, Skowhegan, ME 04976

    $40,000
    0.79 AC lot

    Residential land for sale in a sought-after country setting.

    View details

    Canaan, ME Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Canaan, ME on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 2,082
    Population Growth (5Y) -11.9%
    Median Household Income $55,443
    College Educated 30.7%

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Tax Rate vs County Average 0.09 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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    Most Searched ZIP Codes in Canaan, ME

    • 04924

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