186 Main Street

Freeport, ME 04032

$1,250,000
Price
Beds
5,597 Sq. Ft.
$223 / Sq. Ft.
5,597
Sq. Ft.
$223
per Sq. Ft.

Description

This is a tremendous redevelopment/development opportunity located on Main Street in Freeport. The property offers 5,597 SF of finished space previously used as a B&B and Inn. The Main structure offers spacious living quarters, gathering/dining area and commercial kitchen. The rear building hosts guest rooms on all 3 levels. The property offers 1.26 +/- acres of land and could easily be developed into additional opportunities subject to town ordinance and approvals. Located within walking distance...This is a tremendous redevelopment/development opportunity located on Main Street in Freeport. The property offers 5,597 SF of finished space previously used as a B&B and Inn. The Main structure offers spacious living quarters, gathering/dining area and commercial kitchen. The rear building hosts guest rooms on all 3 levels. The property offers 1.26 +/- acres of land and could easily be developed into additional opportunities subject to town ordinance and approvals. Located within walking distance to all major shopping venues and less than 1 minute to I-295, the property is ready for your vision and dreams.
  1. Listed by Kevin Fletcher • Keller Williams Realty

Property Details for 186 Main Street

Waterfront
No
Zoning
V1

Location

Listing Courtesy of Keller Williams Realty
Add your commute
LISTING UPDATED: 04/18/2024 11:30 AM

Property Details for 186 Main Street

StatusActive
MLS #1586720
Days on Market18
Taxes$13,947 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial / Multi Family
Year Built1885
Lot Size1.26 AC / 54,885 SF
CountyCumberland County

Location

Listing Courtesy of Keller Williams Realty
Add your commute

Building Information for 186 Main Street

Stories3Residences-Year Built1885Building Size-Lot Size1.26 AC / 54,885 SF

Payment Calculator

$7,984 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,162

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 186 Main Street

Summary
Location and General Information
  • Zip Code: 1407
  • Town: Freeport
  • State/Province: ME
  • Zip Code: 04032
  • County: Cumberland
  • Geo Latitude: 43.862012
  • Geo Longitude: -70.09952
  • Tax Lot: 2
  • Location:Business District: Yes
  • Location:Downtown: Yes
  • Location:Historic District: Yes
Parking
  • Parking Features: 11 - 20 Spaces, On Site
Taxes and HOA Information
  • Tax Book Number: 6643
  • Tax Map Number: 13
  • Tax Year: 2023
  • Parcel Number: FPRT-000013-000002
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $13,947.00
Property
Lot Information
  • Lot Size Acres: 1.26
  • Building Area Total: 5597.0
  • Lot Size Area: 1.26
  • Lot Size Units: Acres
  • Lot Size Square Feet: 54885.6
  • Street Number: 186
  • Property Information:Surveyed: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total # Floors: 3.00
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Public Access, Property Disclosure Public Access
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Multi Family
  • Year Built: 1885
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Clapboard
  • Roof: Pitched, Shingle
Interior Features
  • Basement: Walk-Out Access, Unfinished
  • Foundation Details: Block, Stone
  • # Floors: 3
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00

Property History for 186 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 186 Main Street

Taxable ValueLand$338,500Additions$675,800Total$1,014,300
Tax Record2023$13,947 ($1,162 / month)
Home Facts
Beds6Baths4Total Finished SqFt5,597 SqFtAbove Grade Finished SqFt5,597 SqFtUnfinished Basement SqFt1,608 SqFtStories2Lot Size54,886 SqFtStyleSingle Family ResidenceYear Built1885Zoning850CountyCUMBERLANDAPNFPRT M:13 B:2 L:0 U:0

Schools near 186 Main Street

This home is within Regional School Unit 05.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Morse Street School
PublicPK to 2

Mast Landing School
Public3 to 5

Freeport Middle School
Public6 to 8

Freeport 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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186 Main Street is a multi-family home for sale in Freeport, ME 04032. This property was listed for sale on April 5, 2024 by Keller Williams Realty, it's currently listed at $1,250,000. This listing's school district is Regional School Unit 05. Nearby schools include Morse Street School, Mast Landing School and Freeport Middle School. 186 Main Street is a 0-bed, 0-bath, 5,597 sqft multi-family home built in 1885.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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.