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$1,525,000 Just Listed
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Property Description
Explore the development possibilities with this commercial location on desirable Main Street in Freeport. Once an inn, this property is at a walkable distance to the downtown shops and restaurants. The V1 zone does not limit this property to just an inn. Explore other options, with municipal approvals, such as multifamily housing, affordable housing development, professional offices, and others. With over 5,500 Sf on 1.26 +/- acres, this property offers possibilities making it worth a look.
Full Property Details
Full Property Details for 186 Main St
General
- Price: $1,525,000
- Taxes: $16,145 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1678876
- Updated: 9/2/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Bed & Breakfast, Development
Interior
- Flooring: Carpet
Parking
- Parking Features: 11 - 20 Spaces, On-Site Parking
Location
- County: Cumberland
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Clapboard
- Basement: Yes
- Basement Desc.: Walk-Out Access, Unfinished
- Roof: Pitched, Shingle
- Square Feet: 5,597
- Year Built: 1885
Lot Features
- Lot Size (Acres): 1.26
- Lot Size (Sq. Ft.): 54,885.6
- Zoning: V1
- Lot Description: Business District, Historic District, Downtown, Near Shopping
Financial Considerations
- Tax Amount: $16,145
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 2
Listed by EXP Realty (888) 439-8743
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Price & Sales History for 186 Main St
Date
Details
Price
Change
Source
9/02/2026
Listed
$1,525,000
151.55%
MLS
1/16/2025
Sold
$606,250
—
Public Record
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 186 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,145
5%
$1,165,700
2%
2024
$15,314
10%
$1,147,100
13%
2023
$13,947
4%
$1,014,300
4%
2022
$13,357
2%
$978,500
—
2021
$13,063
3%
$978,500
8%
2020
$12,729
2%
$909,200
5%
2019
$12,434
2%
$869,500
8%
2018
$12,139
4%
$806,600
4%
2017
$11,631
3%
$778,000
9%
2016
$11,264
—
$712,900
6%
2015
$11,310
6%
$673,200
—
2014
$10,637
3%
$673,200
3%
2013
$10,310
—
$650,500
—
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 186 Main St
186 Main Street, Freeport, ME 04032 (MLS# 1678876) is a Commercial property. 186 Main Street is currently listed for $1,525,000 and was received on September 02, 2026. 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.

