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    Castine, ME
    Residential Income

    Castine, ME Residential Income Properties for Sale

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    Brooksville, ME Islesboro, ME Penobscot, ME
    Castine Mixed-Use Investment Opportunity
    Updated: Jan 7
    Castine Mixed-Use Investment Opportunity

    3 Main Street, Castine, ME 04421

    $1,495,000
    5,000 sqft · 0.10 AC lot
    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.
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    Castine Mixed-Use Corner Property
    Updated: Aug 28, 2024
    Castine Mixed-Use Corner Property

    3 Main Street, Castine, ME 4421

    $1,495,000
    5,000 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Historic Brick Mixed-Use Building
    Historic Brick Mixed-Use Building

    28 E Main Street, Searsport, ME 04974

    $700,000
    4,560 sqft · 0.08 AC lot

    Historic brick building with ground-floor storefront space and multiple residential units, offering flexible use in Searsport, Maine.

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    Oceanfront Two-Home Compound
    Oceanfront Two-Home Compound

    8 Navy Street Ext., Searsport, ME 04974

    $1,250,000
    3,450 sqft · 0.95 AC lot

    Two homes on one waterfront parcel with private beachfront, including a renovated contemporary and an original seasonal cottage.

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    Historic Stockton Springs Revitalization Opportunity
    Historic Stockton Springs Revitalization Opportunity

    181 Main Street, Stockton Springs, ME 04981

    $149,900
    0.06 AC lot

    Three-unit building with renovation potential in prime location.

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    Well-Maintained Four-Unit Multifamily Building
    Well-Maintained Four-Unit Multifamily Building

    185 West Main Street, Stockton Springs, ME 4981

    $475,000
    3,246 sqft

    Four-unit building with strong rental history, renovated in 2003.

    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.

    Acre Lot with Bay Views
    Acre Lot with Bay Views

    M17 L15 Battle Avenue, Castine, ME 04421

    $850,000
    1.00 AC lot

    In-town acre lot with views of Penobscot Bay.

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    Land For Sale, Castine, ME
    Land For Sale, Castine, ME

    M17 L15 Perkins Street, Castine, ME 04421

    $795,000
    1.00 AC lot

    One acre of land for sale in Castine, Maine.

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    Land with Water View
    Land with Water View

    15 ME-166 Route, Penobscot, ME 04476

    $64,000
    5.90 AC lot

    Land with water view and deeded right of way.

    View details
    Land in Peaceful Brooksville Setting
    Land in Peaceful Brooksville Setting

    Blueberry Ridge Way lot: #3, Brooksville, ME 04617

    $39,000
    2.65 AC lot

    Spacious 2.65-acre parcel in a lovely Brooksville subdivision.

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    Castine, ME Residential Income Properties Market Trends and Statistics

    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

    Commercial property segments ranked by active listings on the market

    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 Investment

    Identify Castine submarkets with the highest inventory density on the market and evaluate the average 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%

    Listings Trend

    New vs delisted commercial listings in Hancock County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Castine, ME

    • 04421

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