$648,000
Price
Beds
Baths
5,064 Sq. Ft.
$128 / Sq. Ft.
5,064
Sq. Ft.
$128
per Sq. Ft.

Description

Discover the incredible potential of 340 Main Road in Passadumkeag—a unique commercial property offering a rare combination of business opportunity, rental income, and beautiful riverfront land. Situated on 15.5± acres with frontage on the scenic Penobscot River, this property opens the door to a wide range of possibilities—from a hospitality business to residential development, outdoor recreation enterprise, or a live/work retreat. The main building previously operated as a successful general store...Discover the incredible potential of 340 Main Road in Passadumkeag—a unique commercial property offering a rare combination of business opportunity, rental income, and beautiful riverfront land. Situated on 15.5± acres with frontage on the scenic Penobscot River, this property opens the door to a wide range of possibilities—from a hospitality business to residential development, outdoor recreation enterprise, or a live/work retreat. The main building previously operated as a successful general store and lunch counter. Though no longer operational, the space is ready to be reimagined—endless opportunities with proper approvals. Upstairs, you'll find two well-maintained apartments, a cozy 1-bedroom and a spacious 3-bedroom with an enclosed porch, both with excellent rental histories, offering immediate income potential. In addition to the main building, the property features two fully equipped riverfront cabins, each offering a kitchenette, full bath, full-size beds, flat screen TV, internet, and heat for year-round use. A shared bathhouse with laundry provides added convenience for guests. There are also five full hook-up RV sites, tucked into the woods along the riverbank, ideal for travelers seeking a true Maine adventure. Outdoor enthusiasts will love the outstanding recreational opportunities. The Penobscot River offers excellent fishing and kayaking, right from your doorstep. The surrounding area is known for its great hunting, making this a destination for sportsmen and nature lovers alike. Whether you're an investor, entrepreneur, or visionary looking to create a riverside retreat, outdoor-focused business, or mixed-use development, 340 Main Road delivers endless opportunities in a truly special setting.
  1. Listed by Chelsea Ireland • NextHome Experience

Property Details for 340 Main Road

Waterfront
Yes
Zoning
Shoreland
LISTING UPDATED: 10/12/2025 01:37 PM

Property Details for 340 Main Road

StatusActive
MLS #1639542
Days on Market96
Taxes$5,585 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1984
Lot Size15.50 AC / 675,180 SF
CountyPenobscot County

Location

Listing Courtesy of NextHome Experience
Add your commute

Building Information for 340 Main Road

Stories-Residences-Year Built1984Lot Size15.50 AC / 675,180 SF

Payment Calculator

$3,624 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,158

Property Taxes

$465

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 340 Main Road

Summary
Location and General Information
  • Directions: From I-95 take exit 217 toward Howland, follow Route 115 through Howland over the bridge to West Enfield, take a right on Route 2, 6.8+/- miles to the property on the right.
  • Town: Passadumkeag
  • State/Province: ME
  • Zip Code: 04475
  • County: Penobscot
  • Geo Latitude: 45.183294
  • Geo Longitude: -68.617742
  • Tax Lot: 38&38B
  • Location:Rural: Yes
  • Water Info:Waterfront Amount +: 1,500.00
  • Water Info:Water Frontage Owned: 1,500.00
  • Water Info:Water Frontage Shared: .00
  • Source of Water Frontage:Other: Yes
  • Recreational Water:River/Brook/Stream: Yes
Parking
  • Parking Features: 21+ Spaces
Taxes and HOA Information
  • Tax Book Number: 5012/13198
  • Tax Map Number: 3
  • Tax Year: 2024
  • Parcel Number: 340MainRoadPassadumkeagME03374
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,585.00
Property
Lot Information
  • Lot Size Acres: 15.5
  • Building Area Total: 5064.0
  • Lot Size Area: 15.5
  • Lot Size Units: Acres
  • Lot Size Square Feet: 675180.0
  • Street Number: 340
  • Property Information:Surveyed: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1984
Utilities
  • Electric: True
  • Sewer: Septic Tank, Private Sewer, Septic Design Available
  • Water Source: Well, Private
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
Interior Features
  • Cooling: Heat Pump
  • Heating: Other, Heat Pump, Forced Air, Direct Vent Heater
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes

Property History for 340 Main Road

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Listed (Active)

Maine Listings #1639542

$648,000
Sep 25, 2025

Listed (Active)

Maine Listings #1639544

$329,000
Nov 30, 2024

Expired

Maine Listings #1591516

$349,000
Nov 30, 2024

Expired

Maine Listings #1591798

$349,000
May 30, 2024

Listed (Active)

Maine Listings #1591516

$359,000
May 30, 2024

Listed (Active)

Maine Listings #1591798

$359,000
Dec 1, 2022

Expired

Maine Listings #1494336

$519,900
Dec 1, 2022

Expired

Maine Listings #1494321

$229,900
Jun 1, 2021

Listed (Active)

Maine Listings #1494336

$519,900
Jun 1, 2021

Listed (Active)

Maine Listings #1494321

$229,900
DateEvent & SourcePrice
09/25/2025

Listed (Active)

Maine Listings #1639542

$648,000
09/25/2025

Listed (Active)

Maine Listings #1639544

$329,000
11/30/2024

Expired

Maine Listings #1591516

$349,000
11/30/2024

Expired

Maine Listings #1591798

$349,000
05/30/2024

Listed (Active)

Maine Listings #1591516

$359,000
05/30/2024

Listed (Active)

Maine Listings #1591798

$359,000
12/01/2022

Expired

Maine Listings #1494336

$519,900
12/01/2022

Expired

Maine Listings #1494321

$229,900
06/01/2021

Listed (Active)

Maine Listings #1494336

$519,900
06/01/2021

Listed (Active)

Maine Listings #1494321

$229,900

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

Schools near 340 Main Road

This home is within Regional School Unit 31 Msad 31.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Enfield Station Elementary School
PublicPK to 5

Hichborn Middle School
Public6 to 8

Penobscot Valley 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.

Similar Homes

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340 Main Road is a mixed use property for sale in Passadumkeag, ME 04475. This property was listed for sale on September 25, 2025 by NextHome Experience, it's currently listed at $648,000. This listing's school district is Regional School Unit 31 Msad 31. Nearby schools include Enfield Station Elementary School, Hichborn Middle School and Penobscot Valley High School. 340 Main Road is a 0-bed, 0-bath, 5,064 sqft mixed use property built in 1984.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of NextHome Experience

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.