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$229,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 346-348 Main St
General
- Price: $229,000
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1653566
- Updated: 3/6/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Bed & Breakfast, Bar/Tavern/Lounge, Commercial, Frees
Interior
- Flooring: Wood, Vinyl
Additional Information
- Equipment: Internet Access Available, Cable
Parking
- Parking Features: 21 or More Spaces, On-Site Parking
Location
- County: Somerset
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Hot Water, Heat Pump, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding
- Roof: Metal
- Building Size: 3854
- Square Feet: 3,854
- Living Area: 3,854 Sq. Ft.
- Other Struct. Feat.: Other Equipment
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939.2
- Lot Description: Downtown, Near Shopping
Disclosures and Reports
- Lot Number: 676871
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Price & Sales History for 346-348 Main St
Date
Details
Price
Change
Source
3/06/2026
Listed
$229,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 346-348 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,047
4%
$95,170
—
2024
$1,009
24%
$95,170
104%
2021
$812
—
$46,680
—
2020
$808
6%
$46,680
—
2019
$761
—
$46,680
—
2018
$761
2%
$46,680
—
2017
$747
-9%
$46,680
—
2016
$817
-15%
$46,680
—
2015
$962
-2%
$46,680
—
2014
$980
4%
$46,680
—
2013
$943
—
$46,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 346-348 Main St
346-348 Main Street, Bingham, ME 04920 (MLS# 1653566) is a Commercial property. 346-348 Main Street is currently listed for $229,000 and was received on March 06, 2026. This property is listed by Aaron Kollmeyer from our Saco Office.Want to learn more about 346-348 Main Street? Do you have questions about finding other Commercial real estate for sale in Bingham? You can browse all Bingham real estate or contact a Coldwell Banker agent to request more information.


