Residential Income

New Gloucester, ME Residential Income Properties for Sale

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Gray, ME Poland, ME Auburn, ME
Corner Retail and Residence Property
Updated: Jul 1
Corner Retail and Residence Property

65 Lewiston Road, New Gloucester, ME 04260

$275,000
3,480 sqft · 0.60 AC lot
Approximately 0.60‑acre corner property at Lewiston and Morse Roads with legally nonconforming existing uses.
Separate approx. 26' x 52' outbuilding currently used as a bookstore with a large open showroom and two smaller offices.
Three‑bedroom, one‑bath residence on site with a large rear shed; home needs extensive renovation.
Existing drilled well and septic system on site, with septic designed for a three‑bedroom dwelling.
Heating includes forced air plus propane (heating) and kerosene/oil options; roof is shingle; wood frame with wood siding.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Gloucester, 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.

Side-by-Side Duplex with Garages
Side-by-Side Duplex with Garages

241 E Hardscrabble Road, Auburn, ME 04210

$559,900
2,674 sqft · 3.93 AC lot

Side-by-side duplex on nearly four acres with two units, multiple porches, and attached plus detached garage space.

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Corner Mixed-Use Flex Property
Corner Mixed-Use Flex Property

4 Parsonage Road, North Yarmouth, ME 04097

$549,000
3,168 sqft · 0.75 AC lot

Workshop garage plus office and a second-floor apartment provide flexible space for commercial and residential uses.

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Auburn Mixed-Use Opportunity
Auburn Mixed-Use Opportunity

823 Washington Street N, Auburn, ME 04210

$700,000
3,906 sqft · 84,071.00 AC lot

Versatile Auburn property with residential and commercial potential.

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North Yarmouth Mixed-Use Property
North Yarmouth Mixed-Use Property

424 Walnut Hill Rd, North Yarmouth, ME 4097

$1,295,000
6,832 sqft

Fully leased mixed-use property with restaurant, apartments, and event space.

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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.

Rare Gray, Maine Land Opportunity
Rare Gray, Maine Land Opportunity

Colley Hill Road, Gray, ME 04039

$1,800,000
120.91 AC lot

120.91+/- acre development opportunity in Gray, Maine.

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Land with Subdivision Potential
Land with Subdivision Potential

1 Blackthorne Lane, Gray, ME 04039

$449,999
28.30 AC lot

28+ acres in Gray, Maine with subdivision potential.

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Waterfront Land with Pond Frontage
Waterfront Land with Pond Frontage

Lot42-1001 Maine Street, Unit MAP 10, Poland, ME 4274

$275,000
296,208 sqft · 6.80 AC lot

6.8 acre waterfront land with 476 feet of frontage.

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Wooded Land in Cumberland, Maine
Wooded Land in Cumberland, Maine

Tinker Lane, Cumberland, ME 04021

$175,000
3.45 AC lot

3.45 acre wooded lot near West Cumberland development.

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New Gloucester, ME Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in New Gloucester, ME on our real estate platform. These investment opportunities span a total of 3,480 square feet of properties for sale, with an estimated market value of $275,000.

Sale prices for residential income properties in New Gloucester, ME start at $275,000, averaging $275,000, and reaching up to $275,000 — 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

Single family properties 1

Demographics Overview

Population 5,733
Population Growth (5Y) +0.2%
Median Household Income $107,781
College Educated 44.0%

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $49.21 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cumberland County

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