Castine, ME
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    Castine, ME Residential Income Properties for Sale

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    Brooksville, ME Islesboro, ME Penobscot, ME
    Castine Mixed-Use Investment Opportunity
    $1,495,000
    5,000 SF

    Castine Mixed-Use Investment Opportunity

    3 Main Street, Castine, ME 04421

    Iconic mixed-use building in Castine, Maine with commercial and residential.

    • Historic building est. 1765 in the heart of Castine village.
    • Income‑generating property with 3 commercial spaces and 4 residential units.
    • Option for owner's unit while maintaining rental income.
    • Prime corner location at Main and Water Street.
    • High visibility from town dock and Main Street, attracting tourists and yachtsman.
    Updated: Jan 7
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    Castine Mixed-Use Corner Property
    $1,495,000
    5,000 SF

    Castine Mixed-Use Corner Property

    3 Main Street, Castine, ME 4421

    Iconic mixed-use building in Castine's village center with commercial and residential.

    • Historic building (since 1765) in the heart of Castine village.
    • Prime corner location at Main and Water Street, the village hub.
    • Income‑generating property with 3 commercial spaces and 4 residential units.
    • Opportunity for owner's unit with passive rental income.
    • High visibility from the town dock and Main Street.
    Updated: Jan 6
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Castine, 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.

    Orland Multifamily Development Opportunity
    $350,000
    1,150 SF

    Orland Multifamily Development Opportunity

    Four-unit building with development potential in historic Orland village.

    48 School House Road, Orland, ME 04472
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    Four-Unit Building in Historic Orland
    $350,000
    1,150 SF

    Four-Unit Building in Historic Orland

    Four-unit building with development potential in Orland, Maine.

    48 School House Road, Orland, ME 04472
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    Mixed-Use Investment Opportunity
    $1,250,000
    7,636 SF

    Mixed-Use Investment Opportunity

    Mixed-use property in downtown Blue Hill with water views.

    33-37 Water Street, Blue Hill, ME 04614
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    Mixed-Use Property in Blue Hill
    Contact for pricing
    4,480 SF

    Mixed-Use Property in Blue Hill

    Mixed-use property with office space and residential income.

    292 South St, Blue Hill, ME 4614
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    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.

    Acre Lot with Bay Views
    $850,000
    1.00 Acre

    Acre Lot with Bay Views

    In-town acre lot with views of Penobscot Bay.

    M17 L15 Battle Avenue, Castine, ME 04421
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    Land For Sale, Castine, ME
    $795,000
    1.00 Acre

    Land For Sale, Castine, ME

    One acre of land for sale in Castine, Maine.

    M17 L15 Perkins Street, Castine, ME 04421
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    Land with Water View
    $69,000
    5.90 Acres

    Land with Water View

    Land with water view and deeded right of way.

    15 ME-166 Route, Penobscot, ME 04476
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    Land in Peaceful Brooksville Setting
    $39,000
    2.65 Acres

    Land in Peaceful Brooksville Setting

    Spacious 2.65-acre parcel in a lovely Brooksville subdivision.

    Blueberry Ridge Way lot: #3, Brooksville, ME 04617
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    Castine, ME Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Castine, ME on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $2,990,000.

    Sale prices for residential income properties in Castine, ME start at $1,495,000, averaging $1,495,000, and reaching up to $1,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Multifamily properties 1

    Demographics Overview

    Population 1,222
    Population Growth (5Y) +0.7%
    Median Household Income $111,500
    College Educated 61.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Castine submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    04421 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

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