Beds
Baths
7,296 Sq. Ft.
$56 / Sq. Ft.
7,296
Sq. Ft.
$56
per Sq. Ft.

Description

Amazing investment opportunity in South Thomaston! Come see this multi-faceted property with the potential for multiple revenue streams from both multi-family and commercial use. Located in a village zone, this property has three structures all offering different business possibilities. The first is an apartment building with five residential units as well as a storefront on the first floor. Behind the apartment building are 7 storage units. The property also includes three bay commercial garage....Amazing investment opportunity in South Thomaston! Come see this multi-faceted property with the potential for multiple revenue streams from both multi-family and commercial use. Located in a village zone, this property has three structures all offering different business possibilities. The first is an apartment building with five residential units as well as a storefront on the first floor. Behind the apartment building are 7 storage units. The property also includes three bay commercial garage. Backed up against the boatyard and close to the beautiful Spruce Head Island gateway, this location has so much to offer. Come explore the business possibilities!
  1. Listed by Rachael Umstead • Cates Real Estate

Property Details for 24 Island Road

Zoning
Village 1
LISTING CLOSED: 04/29/2022 12:00 AM

Property Details for 24 Island Road

StatusClosed
MLS #1522990
Days on Market1
Taxes$10,185 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial / Multi Family
Year Built-
Lot Size2.00 AC / 87,120 SF
CountyKnox County

Location

Listing Courtesy of Cates Real Estate

Sold By Better Homes & Gardens Real Estate/The Masiello Group

Add your commute

Building Information for 24 Island Road

Stories-Residences-Year Built-Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$2,933 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,084

Property Taxes

$849

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 24 Island Road

Summary
Location and General Information
  • Directions: On Rt# 73 in South Thomaston, turn onto the Island Road, the property is on the left.
  • Town: South Thomaston
  • State/Province: ME
  • Zip Code: 04858
  • County: Knox
  • Geo Latitude: 44.011907
  • Geo Longitude: -69.129857
  • Tax Lot: 36
  • Location:Rural: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: On Site
  • Parking: On Site2
Taxes and HOA Information
  • Tax Book Number: 5825
  • Tax Map Number: 2
  • Tax Year: 2021
  • Parcel Number: STHO-000002-000000-000036
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $10,185.00
Property
Heating and Cooling
  • Heat Fuel: Electric, Propane
  • Heat System: Direct Vent Heater
Lot Information
  • Lot Size Acres: 2.0
  • Building Area Total: 7296.0
  • Lot Size Area: 2.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 87120.0
  • Street Number: 24
  • Property Information:Surveyed: Yes
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Multi Family
Utilities
  • Electric: True
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding
  • Roof: Shingle
Interior Features
  • Basement: Slab2
  • Cooling: None
  • Heating: Direct Vent Heater
  • Foundation Details: Concrete Perimeter, Slab
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes

Property History for 24 Island Road

DateEvent & SourcePriceAppreciation
Apr 29, 2022

Sold

Maine Listings #1522990

$410,000
Apr 27, 2022

Sold (Public Record)

Public Record #1489232434

$410,000
Mar 29, 2022

Active Under Contract

Maine Listings #1522990

DateEvent & SourcePrice
04/29/2022

Sold

Maine Listings #1522990

$410,000
04/27/2022

Sold (Public Record)

Public Record #1489232434

$410,000
03/29/2022

Active Under Contract

Maine Listings #1522990

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

Public Records for 24 Island Road

Taxable ValueLand$64,100Additions$711,900Total$776,000
Tax Record2025$8,513 ($709 / month)
Home Facts
Lot Size87,120 SqFtStyleMiscellaneous CommercialZoningVIL1CountyKNOXAPNSTHO M:002 L:036

Schools near 24 Island Road

This home is within Regional School Unit 13.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ash Point Community School
PublicPK to 5

Oceanside Middle School
Public6 to 8

Oceanside 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cates 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.