$279,000
Price
202,554 / 4.65
Lot Size / Acres

Description

Prime 4.65± acre commercial lot on Main Street in Palmyra, perfectly positioned among established businesses, restaurants, and shopping destinations. Just over a mile from the I-95 exit, this high-visibility location benefits from strong daily traffic and excellent accessibility. Ideal for a variety of commercial uses—retail, offices, restaurant, or a multi-unit strip center. Seller is willing to build to suit, offering flexibility for your development vision.Prime 4.65± acre commercial lot on Main Street in Palmyra, perfectly positioned among established businesses, restaurants, and shopping destinations. Just over a mile from the I-95 exit, this high-visibility location benefits from strong daily traffic and excellent accessibility. Ideal for a variety of commercial uses—retail, offices, restaurant, or a multi-unit strip center. Seller is willing to build to suit, offering flexibility for your development vision.
  1. Listed by Stacy White • Better Homes & Gardens Real Estate/The Masiello Group

Property Details for 1 Main Street

Waterfront
No
Zoning
Commercial
LISTING UPDATED: 12/08/2025 02:15 AM

Property Details for 1 Main Street

StatusActive
MLS #1645855
Days on Market17
Taxes$816 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size4.65 AC
CountySomerset County

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
Add your commute

Building Information for 1 Main Street

Lot Size4.65 AC

Payment Calculator

$1,447 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,379

Property Taxes

$68

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Main Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Directions: From I-95 South, take Exit 157 to Newport (take right onto Moosehead Trail). Take left onto Route 2 toward Palmyra. Lot is just past Hersey Eye Care 1487 Main St, on left
  • Town: Palmyra
  • State/Province: ME
  • Zip Code: 04965
  • County: Somerset
  • Geo Latitude: 44.839838
  • Geo Longitude: -69.303164
  • Tax Lot: 87-1
  • Site:Level: Yes
  • Site:Right of Way: Yes
  • Site:Wooded: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Recreational Water:Lake/Fresh Water: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: Gravel
Taxes and HOA Information
  • Tax Book Number: 6244
  • Tax Map Number: 5
  • Tax Year: 2025
  • Parcel Number: Map5Lot87-1MainStreetPalmyra04965
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $816.00
  • Restrictions:Other Restrictions: Yes
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 4.65
  • Source of Acreage: Deed
  • Lot Size Area: 4.65
  • Lot Size Units: Acres
  • Lot Size Square Feet: 202554.0
  • Street Number: 5871
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Deed Type Offered: Quit Claim w/Covenant
  • Property Information:Deed: All
  • Property Information:Mobile Homes Allowed: Yes
  • Property Information:Source of Road Frontage: Deed
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Property Type: Land
  • Property Type Label: Land
Utilities
  • Electric: No Electric
  • Sewer: None
  • Water Source: None
  • Gas:No Gas: Yes
Interior and Exterior Features
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00

Property History for 1 Main Street

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Listed (Active)

Maine Listings #1645855

$279,000
Sep 23, 2019

Sold

Maine Listings #1417458

$84,000
Aug 28, 2019

Pending

Maine Listings #1417458

Aug 28, 2019

Active Under Contract

Maine Listings #1417458

May 30, 2019

Listed (Active)

Maine Listings #1417458

$92,500
May 16, 2017

Sold

Maine Listings #1297816

$11,000
Apr 19, 2017

Pending

Maine Listings #1297816

Apr 19, 2017

Active Under Contract

Maine Listings #1297816

Mar 10, 2017

Withdrawn

Maine Listings #1280174

$15,000
Mar 10, 2017

Listed (Active)

Maine Listings #1297816

$15,000
Aug 24, 2016

Listed (Active)

Maine Listings #1280174

$15,000
Aug 21, 2016

Expired

Maine Listings #1234353

$16,000
Aug 21, 2015

Listed (Active)

Maine Listings #1234353

$16,000
Jul 17, 2015

Expired

Maine Listings #1146158

$16,000
Jul 17, 2014

Listed (Active)

Maine Listings #1146158

$16,000
DateEvent & SourcePrice
12/05/2025

Listed (Active)

Maine Listings #1645855

$279,000
09/23/2019

Sold

Maine Listings #1417458

$84,000
08/28/2019

Pending

Maine Listings #1417458

08/28/2019

Active Under Contract

Maine Listings #1417458

05/30/2019

Listed (Active)

Maine Listings #1417458

$92,500
05/16/2017

Sold

Maine Listings #1297816

$11,000
04/19/2017

Pending

Maine Listings #1297816

04/19/2017

Active Under Contract

Maine Listings #1297816

03/10/2017

Withdrawn

Maine Listings #1280174

$15,000
03/10/2017

Listed (Active)

Maine Listings #1297816

$15,000
08/24/2016

Listed (Active)

Maine Listings #1280174

$15,000
08/21/2016

Expired

Maine Listings #1234353

$16,000
08/21/2015

Listed (Active)

Maine Listings #1234353

$16,000
07/17/2015

Expired

Maine Listings #1146158

$16,000
07/17/2014

Listed (Active)

Maine Listings #1146158

$16,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Main Street

Taxable ValueLand$52,200Additions$68,900Total$121,100
Tax Record2025$1,199 ($100 / month)
Home Facts
Beds0Lot Size174,240 SqFtStyleSingle Family ResidenceCountySOMERSETAPNPALA M:001 B:023 L:002

Schools near 1 Main Street

This home is within Regional School Unit 19.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 3 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Hartland Consolidated School
PublicPK to 4

Somerset Valley Middle School
Public3 to 8

Nokomis Regional High School
Public9 to 12

Somerset Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1 Main Street is a 4.65 ac of land for sale in Palmyra, ME 04965. This property was listed for sale on December 5, 2025 by Better Homes & Gardens Real Estate/The Masiello Group, it's currently listed at $279,000. It has been on the market for a total of 17 days and was last sold on September 23, 2019. This listing's school district is Regional School Unit 19. Nearby schools include Hartland Consolidated School, Somerset Valley Middle School and Nokomis Regional High School. 1 Main Street is a 0-bed, 0-bath, 4.65 ac of land on a 202,554 sq. ft. / 4.65 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.