This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
$339,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
Property Description
Cash Cow Opportunity! Are you searching for a proven, income producing investment? This well established laundromat delivers exactly that. Widely recognized as one of the safest and most recession resistant business models, it offers consistent cash flow with minimal oversight. The hard work has already been done. You will find newer machines, updated security systems, fresh siding and flooring, and even a rebuilt furnace. This property is truly turn-key and ready for a savvy investor to step in and start collecting returns from day one. Opportunities to purchase a laundromat with this level of upgrades and stability do not come around often. Add in the powerful advantage of 100% bonus depreciation that just passed, and the timing could not be better to offset your taxes while building long term wealth. Do not miss your chance to secure a rare asset that combines immediate cash flow with a strong future upside.
Full Property Details
Full Property Details for 1198 Main St
General
- Price: $339,900
- Taxes: $1,263 (2024)
- Status: Active
- Type: Commercial Investment
- Source: MREIS
- MLS ID: 1637078
- Updated: Today (2/20/2026)
- Added to Site: Today
Business
- Business Type: Commercial, Special Purpose, Other
Interior
- Flooring: Vinyl
Parking
- Parking Features: 11 - 20 Spaces, On-Site Parking
Location
- County: Kennebec
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Roof: Shingle
- Building Size: 840
- Square Feet: 840
- Living Area: 840 Sq. Ft.
- Other Struct. Feat.: Security System
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Zoning: Mixed use
- Lot Description: Water View, Near Turnpike/Interstate, Downtown, Near Shopping
Financial Considerations
- Tax Amount: $1,263
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 58
Listed by Real Broker (207) 272-3954
Get Pre-Approved Today
Schools
Schools serving 1198 Main St
School District:School Administrative District 49
| Name | Grades | Distance |
|---|---|---|
Lawrence High School, Fairfield, ME 9 School Street, Fairfield, ME 04937 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1198 Main St
Date
Details
Price
Change
Source
9/09/2025
Listed
$339,900
—
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 1198 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,263
9%
$69,200
—
2023
$1,163
33%
$69,200
—
2022
$872
-17%
$69,200
—
2021
$1,045
-3%
$69,200
28%
2020
$1,073
3%
$53,910
—
2017
$1,046
3%
$53,910
-1%
2016
$1,017
2%
$54,406
—
2015
$996
2%
$54,406
-1%
2014
$972
-1%
$54,900
-1%
2013
$981
15%
$55,400
-1%
2012
$855
—
$55,900
—
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 1198 Main St
1198 Main Street, Clinton, ME 04927 (MLS# 1637078) is a Commercial Investment property. 1198 Main Street is currently listed for $339,900 and was received on February 20, 2026. Want to learn more about 1198 Main Street? Do you have questions about finding other Commercial Investment real estate for sale in Clinton? You can browse all Clinton real estate or contact a Coldwell Banker agent to request more information.

