186 Main Street, Freeport, ME 04032 - Photo 1

1/1

$560,000

Sold
Closed
Commercial

1/1

Property 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 to all major shopping venues and less than 1 minute to I-295, the property is ready for your vision and dreams.

Full Property Details

Full Property Details for 186 Main St

General

Sold For: $560,000
Taxes: $13,947 (2023)
Status: Closed
Type: Commercial
Source: MREIS
MLS ID: 1607387
Added to Site: 486 day(s) ago

Business

Business Type: Development

Parking

Parking Features: 11 - 20 Spaces, On-Site Parking

Location

County: Cumberland

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Clapboard
Roof: Pitched, Shingle
Building Size: 5597
Square Feet: 5,597
Living Area: 5,597 Sq. Ft.
Year Built: 1885

Lot Features

Lot Size (Acres): 1.26
Lot Size (Sq. Ft.): 54,885.6
Zoning: V1
Lot Description: Downtown, Business District, Historic District

Financial Considerations

Tax Amount: $13,947
Tax Year: 2023

Disclosures and Reports

Lot Number: 2

Listed by Keller Williams Realty (207) 879-9800
Sold by Kre Brokerage Group (207) 781-2958

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Listing agent

— 186 Main St —

Keller Williams Realty

207-879-9800

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Schools

Schools serving 186 Main St

School District:Regional School Unit 05

Name	Grades	Distance
Morse Street School 21 Morse Street, Freeport, ME 04032	PK-2	0.4 mi
Mast Landing School 20 Mollymauk Lane, Freeport, ME 04032	3-5	0.6 mi
Freeport Middle School 19 Kendall Lane, Freeport, ME 04032	6-8	0.2 mi
Freeport High School 30 Holbrook Street, Freeport, ME 04032	9-12	0.6 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 186 Main St

Date

Details

Price

Change

Source

1/13/2025

Sold

$560,000

-17.04%

MLS

12/19/2024

Price Reduced

$675,000

-15.09%

MLS

10/21/2024

Listed

$795,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 2 days ago

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Units
4.71
Acres

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Condo
Closed

3
Beds
3
Total Baths
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Sq. Ft.

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$580,000

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Single Family
Closed

4
Beds
1
Total Bath
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Sq. Ft.

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Beds
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Total Baths
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Sold

$560,000

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Single Family
Closed

3
Beds
2
Total Baths
1,666
Sq. Ft.

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Sold by Legacy Properties Sotheby's International Realty

186 Main Street, Freeport, ME 04032 (MLS# 1607387) is a Commercial property that was sold at $560,000 on January 13, 2025. Want to learn more about 186 Main Street? Do you have questions about finding other Commercial real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

186 Main St Freeport, ME 04032