Sold
Last Sold Price
2,000 sqft
402 Main St, Presque Isle, ME 04769
Multi FamilyProperty Type
0.08 acresLot Size
1878Year Built
$133/sq ftPrice per sq ft

Description

Prime Multi-Family & Commercial Investment Opportunity in Presque Isle! Located at 400 Main Street, Presque Isle, ME 04769, this Row-Inside style, 5-unit building offers an incredible mix of residential and commercial spaces, making it a fantastic investment opportunity. The property features three residential rental units with interior access and a back porch, perfect for long-term tenants. Additionally, it includes two ground-floor commercial units with excellent Main Street visibility, ideal for...Prime Multi-Family & Commercial Investment Opportunity in Presque Isle! Located at 400 Main Street, Presque Isle, ME 04769, this Row-Inside style, 5-unit building offers an incredible mix of residential and commercial spaces, making it a fantastic investment opportunity. The property features three residential rental units with interior access and a back porch, perfect for long-term tenants. Additionally, it includes two ground-floor commercial units with excellent Main Street visibility, ideal for retail, office space, or small businesses. With a full basement and updated electrical, heating, and plumbing, this property is move-in ready for both tenants and business owners. Whether you're expanding your investment portfolio or seeking a prime in-town income property, 400 Main Street offers exceptional potential! Schedule your showing today!
  • Listed by: Leigh Smith 207.227.4501 leighsmith@remax.net • RE/MAX County
Listing closed: 02/28/2025 12:00 AM • Source: Maine Listings, MLS#: 1614985

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Location

Listing Courtesy of RE/MAX County

Sold By RE/MAX County

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Payment Calculator

$1,676 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,415

Property Taxes

$262

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 402 Main Street

Property Details
  • Taxes: $3,140 / year
  • MLS Type: Multi-Family
  • Architectural Style: Row-Inside
  • Style: Row-Inside
  • Has Waterfront: No
  • Zoning: Retail Business
Building Information
  • Residences: 3
  • Year Built: 1878
  • Lot Size: 0.08 AC / 3,484 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown
  • Page: 258
  • Zoning Overlay: Yes
  • Latitude: 46.679895
  • Longitude: -$68.02
Taxes and HOA
  • Association: No
  • Parcel Number: PREE-000035-000127-000402
  • Tax Lot: 402
  • Tax Block: 127
  • Tax Book Number: 5096
  • Tax Map Number: 035
  • Tax Year: 2024
  • Tax Annual Amount: $3,140.00
Parking
  • Parking Features: Gravel, Off Street
  • Parking: Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Level, Intown
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3484.8
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level
Property and Assessments
  • Above Grade Finished Area: 2000.0
  • Building Area Total: 2000.0
  • Property Type: Multi-Family
  • Surveyed: Yes
  • Construction: Wood Frame
  • Year Built: 1878
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Wood Siding, Wood Frame
Financial Information
  • List Price/SqFt: $150.00
Utilities
  • Heat Fuel: Oil
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System, Oil
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Wood Siding
  • Roof: Membrane
  • Driveway: Gravel
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Basement: Interior, Full, Unfinished
  • Basement: Full, Unfinished
  • Has Cooling: No
  • Heating: Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Carpet
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 2 BD Units: 2
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $39,362.00
  • Operating Expense: $17,158.00
Rental
Rent Information
  • Land Lease: No

Property History for 402 Main Street

DateEvent & SourcePriceAppreciation
Feb 28, 2025

Sold

Maine Listings #1614985

$265,000—
Feb 26, 2025

Pending

Maine Listings #1614985

—
Jan 15, 2025

Listed (Active)

Maine Listings #1614985

$300,000—
DateEvent & SourcePrice
02/28/2025

Sold

Maine Listings #1614985

$265,000
02/26/2025

Pending

Maine Listings #1614985

—
01/15/2025

Listed (Active)

Maine Listings #1614985

$300,000

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

Public Records for 402 Main Street

Taxable ValueLand$30,000Additions$117,400Total$147,400
Tax Record2024$3,140 ($262 / month)
Home Facts
Stories1Lot Size3,485 SqFtStyleMiscellaneous CommercialYear Built1878Year Renovated1878ZoningRETAILCountyAROOSTOOKAPNPREE M:035 B:127 L:402

Schools near 402 Main Street

This home is within Regional School Unit 79 Msad 01.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Pine Street Elementary School
PublicPK to 2

Presque Isle Middle School
Public6 to 8

Presque Isle High School
Public9 to 12

Eva Hoyt Zippel School
Public3 to 5

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 RE/MAX County

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.