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Adam Dow

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

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398 E Main St , Searsport, ME 04974
$499,000
Est. Payment: $1,108.89/mo
0 Bed
0 Bath
3696 Sqft
Status: Active | Days on site: 6
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House Description

Versatile Mixed-Use Commercial Property on Route 1 in Searsport! Discover a distinctive investment and owner-occupant opportunity along highly visible Route 1. This building currently accommodates an operating creamery, a separate commercial rental space, and a two-bedroom apartment on the second floor—bringing business, rental, and residential uses together under one roof. A creamery currently operates within the building, demonstrating its suitability for a customer-facing food or retail business. An additional commercial unit provides flexibility for another business, tenant income, or future expansion. The fully furnished second-floor residence offers convenient housing for an owner, employee, or tenant and creates an additional potential income stream. A prominent Searsport setting on one of Maine's key coastal travel corridors, offering strong exposure and convenient access. Heat pumps installed in each unit in 2020. New septic system installed in 2020. New roof 2018. Generator installed 2020.

Highlights

Listed by Elizabeth Moskovitz , 207-951-5490 ERA Dawson-Bradford Co. , 207-947-6788.

Property Type

Commercial Sale

Lot/Acreage
1

Year Built

1987

County

Waldo

Listing ID

1679934

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Internet Access Available
Air Cond:Heat Pump
Fireplaces:
Floor:Concrete,Vinyl,Wood
Basement:Slab
Water:Public

Exterior Features

Lot:Near Shopping
Zoning:Commercial 2
Roof:Shingle
Sewer:Private Sewer,Septic Design Available,Septic Tank
Parking Features:11 - 20 Spaces
Principal Interest
$1,109
Taxes
$318

Home Price

$499,000

Loan Details

30 yrs
%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,108.89 $318.11 $0.00 $1,427.00
Yearly $13,306.67 $3,817.35 $0.00 $17,124.02
Total $399,200.00 $114,520.50 $0.00 $513,720.50

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 (Searsport, 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.