1424 Highway 1
Description
1424 U. S. Highway 1, Hancock, Maine
This is a unique opportunity for investors or entrepreneurs seeking location, versatility, and income potential. Ideally situated on busy U. S. Route 1 in the heart of Hancock Village, this property has undergone significant upgrades and offers multiple revenue streams. Tthe property includes four retail units totaling approximately 3,000 square feet, all supported by ample parking and high-visibility...Prime Mixed-Use Investment Opportunity in the Heart of Hancock Village
1424 U. S. Highway 1, Hancock, Maine
This is a unique opportunity for investors or entrepreneurs seeking location, versatility, and income potential. Ideally situated on busy U. S. Route 1 in the heart of Hancock Village, this property has undergone significant upgrades and offers multiple revenue streams. Tthe property includes four retail units totaling approximately 3,000 square feet, all supported by ample parking and high-visibility signage on two granite pylons—perfect for seasonal promotions and branding. Above the retail level is a spacious 1,500 sq. ft. one-bedroom apartment, ideal for an owner-occupant or rental income. The apartment features a vaulted living room ceiling, open kitchen and dining area, and two walk-in closets in the bedroom, with scenic views overlooking pastoral fields. Whether you're an investor looking for a multi-unit commercial property, or an entrepreneur wanting to live and work in one of Maine's most charming coastal villages, this property offers unmatched potential—just 5 miles to the beach, tennis courts, and harbor. Showing Instructions:
48 Hour Notice Required
- Listed by Marc Rich • Berkshire Hathaway HomeServices Northeast Real Estate
Property Details for 1424 Highway 1
Property Details for 1424 Highway 1
| Status | Active |
|---|---|
| MLS # | 1628735 |
| Days on Market | 159 |
| Taxes | $1,998 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial / Mixed Use |
| Year Built | 9999 |
| Lot Size | 0.60 AC / 26,136 SF |
| County | Hancock County |
Location
Building Information for 1424 Highway 1
Payment Calculator
$2,632 per month
30 year fixed, 6.28% Interest
$2,466
$167
$0
Property Information for 1424 Highway 1
- Directions: US HWY 1 into Hancock
- Town: Hancock
- State/Province: ME
- Zip Code: 04640
- County: Hancock
- Geo Latitude: 44.529456
- Geo Longitude: -68.255042
- Tax Lot: 025
- Location:Business District: Yes
- Location:Downtown: Yes
- Parking Features: 11 - 20 Spaces
- Tax Book Number: 6895
- Tax Map Number: 210
- Tax Year: 2023
- Parcel Number: 1424USHWYHANCOCK04634
- Location Information:Association Y/N: No
- Tax Annual Amount: $1,998.00
- Lot Size Acres: 0.6
- Building Area Total: 4500.0
- Lot Size Area: 0.6
- Lot Size Units: Acres
- Lot Size Square Feet: 26136.0
- Street Number: 1424
- Property Information:Surveyed: Unknown
- Property Information:Short Sale Continue to Show: No
- Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- Property Information:Bank Owned REO: No
- Property Information:Year Renovated +/-: 2,000.00
- Property Information:Total # Floors: 2.00
- Sign on Property: Yes
- Leased Land: No
- Property Type: Commercial
- Property Type Label: Commercial
- Property Sub-Type: Mixed Use
- Year Built: 9999
- Electric: True
- Sewer: Private Sewer
- Water Source: Private
- Other Equipment: Internet Access Available
- Utilities:Utilities On: Yes
- Gas:Bottled: Yes
- Construction Materials: Clapboard, Wood Frame
- Roof: Composition
- Basement: Dirt Floor, Crawl Space
- Flooring: Laminate
- Cooling: None
- Heating: Baseboard
- Foundation Details: Granite, Concrete Perimeter
- # Floors: 2
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
- Cooling YN: No
- Heating YN: Yes
Property History for 1424 Highway 1
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 27, 2025 | Listed (Active) Maine Listings #1628735 | $549,000 | — |
| Dec 27, 2023 | Expired Maine Listings #1534177 | $499,000 | — |
| Jun 27, 2022 | Listed (Active) Maine Listings #1534177 | $529,000 | — |
| Jun 30, 2011 | Expired Maine Listings #952816 | $249,900 | — |
| Oct 12, 2009 | Listed (Active) Maine Listings #952816 | $275,000 | — |
| Dec 31, 2008 | Expired Maine Listings #906308 | $280,000 | — |
| Aug 13, 2008 | Listed (Active) Maine Listings #906308 | $280,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/27/2025 | Listed (Active) Maine Listings #1628735 | $549,000 |
| 12/27/2023 | Expired Maine Listings #1534177 | $499,000 |
| 06/27/2022 | Listed (Active) Maine Listings #1534177 | $529,000 |
| 06/30/2011 | Expired Maine Listings #952816 | $249,900 |
| 10/12/2009 | Listed (Active) Maine Listings #952816 | $275,000 |
| 12/31/2008 | Expired Maine Listings #906308 | $280,000 |
| 08/13/2008 | Listed (Active) Maine Listings #906308 | $280,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1424 Highway 1
Schools near 1424 Highway 1
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Sumner Middle School Public6 to 8 | ||
Sumner Memorial High School Public9 to 12 |
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.
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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 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 Berkshire Hathaway HomeServices Northeast Real Estate
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.
