346-348 Main St
Description
The first floor could accommodate two residential units or commercial/retail spaces, while the second floor offers the possibility of two 2-bedroom, 1-bath apartments. The...Lease option or owner financing available! Located on the main street in downtown Bingham, 346-348 Main Street presents an excellent opportunity for a mixed-use, multi-unit investment. Formerly operated as a restaurant with an apartment above, the building offers flexible potential with 2-4 total units depending on configuration.
The first floor could accommodate two residential units or commercial/retail spaces, while the second floor offers the possibility of two 2-bedroom, 1-bath apartments. The commercial setup includes a grease trap, making it well-suited for restaurant or food service use if desired.
The property features a newer metal roof, a recently serviced boiler providing hot water baseboard heat to both floors, and a heat pump on the first floor for additional heating and cooling efficiency.
The sale also includes the parking lot located behind the building, which offers ample off-street parking and potential for two additional building lots (buyer to verify). Restaurant equipment will convey with the sale, creating an opportunity for someone looking to reopen a dining establishment or repurpose the space for another commercial venture.
Positioned in the heart of town with strong redevelopment potential, this property offers a unique chance to invest in downtown Bingham.
Property Details for 346-348 Main Street
Property Details for 346-348 Main Street
| Status | Active |
|---|---|
| MLS # | 1653566 |
| Days on Market | 131 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Mixed Use |
| MLS Type | Commercial / Mixed Use |
| Year Built | - |
| Lot Size | 0.32 AC / 13,939 SF |
| County | Somerset County |
Location
Building Information for 346-348 Main Street
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$842 per month
30 year fixed, 6.36% Interest
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1Property Information for 346-348 Main Street
- Directions: From Solon, continue to follow US-201 N. Destination will be on the left after Napa
- Town: Bingham
- State/Province: ME
- Zip Code: 04920
- County: Somerset
- Geo Latitude: 45.060157
- Geo Longitude: -69.882153
- Tax Lot: 67,68,71
- Location:Downtown: Yes
- Location:Near Shopping: Yes
- Tree Growth YN2: false
- Parking Features: 21+ Spaces, On Site
- Parking: 21 Spaces, On Site2
- Tax Book Number: 4626, 5211
- Tax Map Number: 05
- Parcel Number: 346348MainStreetBinghamME04920
- Location Information:Association Y/N: No
- Heat Fuel: Electric, Oil
- Heat System: Baseboard, Heat Pump, Hot Water
- Lot Size Acres: 0.32
- Building Area Total: 3854.0
- Lot Size Area: 0.32
- Lot Size Units: Acres
- Lot Size Square Feet: 13939.2
- Street Number: 346348
- Property Information:Surveyed: Unknown
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Leased Land: No
- Property Type: Commercial
- Property Type Label: Commercial
- Property Sub-Type: Mixed Use
- Electric: True
- Sewer: Public Sewer
- Water Source: Public
- Other Equipment: Internet Access Available, Cable
- Construction Materials: Wood Siding
- Roof: Metal
- Basement: Full, Unfinished
- Flooring: Vinyl, Wood
- Cooling: Heat Pump
- Heating: Electric, Oil, Baseboard, Heat Pump, Hot Water
- Foundation Details: Poured Concrete
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
- Cooling YN: Yes
- Heating YN: Yes
Property History for 346-348 Main Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 29, 2026 | Price Change Maine Listings #1653566 | $169,000 | — |
| Jun 9, 2026 | Price Change Maine Listings #1653566 | $180,000 | — |
| May 27, 2026 | Price Change Maine Listings #1653566 | $199,000 | — |
| Apr 7, 2026 | Price Change Maine Listings #1653566 | $209,000 | — |
| Mar 6, 2026 | Listed (Active) Maine Listings #1653566 | $229,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/29/2026 | Price Change Maine Listings #1653566 | $169,000 |
| 06/09/2026 | Price Change Maine Listings #1653566 | $180,000 |
| 05/27/2026 | Price Change Maine Listings #1653566 | $199,000 |
| 04/07/2026 | Price Change Maine Listings #1653566 | $209,000 |
| 03/06/2026 | Listed (Active) Maine Listings #1653566 | $229,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 346-348 Main Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 4 to 6 | |||
| Public - | 5 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Moscow Elementary PublicPK to 4 | ||
Quimby Middle School Public4 to 6 | ||
Upper Kennebec Valley Middle/Senior High School Public5 to 12 | ||
Upper Kennebec Valley Senior 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 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.
