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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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164 Main St , Gorham, ME 04038
$1,250,000
Est. Payment: $2,777.78/mo
0 Bed
4 Bath
4515 Sqft
Status: Active | Days on site: 33
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3209 - 015347
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House Description

A unique opportunity in the heart of Gorham! Located at 164 Main Street and currently zoned Office Residential, this well-maintained property offers an exceptional combination of residential, office, and income-producing space, along with intriguing possibilities for future use. The main residence features approximately 3,118 square feet of finished living space over two floors, with 4/5 bedrooms, 2 full baths, and an attached 2-car garage. The property has been thoughtfully maintained by the current owners, who have lived and worked here for approximately 30 years. At the rear of the property is approximately 826 square feet of finished professional office space, currently leased and used as a medical office. The space includes a waiting area, office/exam rooms, storage, a bathroom, ADA access, and dedicated parking. Above the garage is an additional approximately 644-square-foot, one-bedroom apartment, which is also currently rented, adding another income-producing component to the property. The size and configuration of the property may offer potential for additional development, expanded units, a possible backlot, or other uses, subject to applicable zoning, municipal approvals, and buyer due diligence. Buyers are encouraged to consult with the Town of Gorham regarding any proposed use or development. Located near Gorham's walkable downtown, with convenient access to local businesses, restaurants, services, and area amenities. A distinctive property offering flexibility, existing income, and possibilities for the future.

Highlights

Listed by Christy Arnett , 207-653-3433 Maine Real Estate Experts , 207-642-2100.

Property Type

Multi-Family

Lot/Acreage
0.85

Year Built

1905

County

Cumberland

Listing ID

1675843

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:3
Appliances:Cable,Internet Access Available
Air Cond:Heat Pump
Fireplaces:
Floor:Carpet,Laminate,Wood
Above Ground Sq Ft:4515
Below Ground Sq Ft:0
Basement:Bulkhead,Interior Entry,Walk-Out Access,Unfinished,Brick/Mortar
Other:
  • Additional:Attic, Bathtub, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
Water:Public

Exterior Features

Lot:Intown,Near Shopping,Near Town,Level,Open Lot,Sidewalks,Landscaped
Zoning:OR
Roof:Composition,Shingle
Sewer:Public Sewer
Parking Features:Paved,11 - 20 Spaces,On Site,Off Street,Garage Door Opener,Inside Entrance
Principal Interest
$2,778
Taxes
$571

Home Price

$1,250,000

Loan Details

30 yrs
%

Down Payment

20%
$250,000
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Monthly Price:
$2,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,777.78 $570.75 $0.00 $3,348.53
Yearly $33,333.33 $6,849.00 $0.00 $40,182.33
Total $1,000,000.00 $205,470.00 $0.00 $1,205,470.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Gorham, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.