For Sale
$1,880,000

1043 Main StBrewer, ME 04412

11-Unit Multifamily & Development Land

Overview

Added:
Dec 11, 2024
Days on market:
114
Investor opportunity! This unique Brewer, ME property encompasses 11 units (3-unit residential building, 8-unit motel) situated on a 54-acre lot (seller believes 63 acres, verification in progress). The main building features 2,795 sq ft of ground-floor space ideal for owner occupancy or rental, including two offices, a kitchen, living room, 1.5 baths, and a large bedroom. Upstairs are two renovated 3-bedroom apartments, each with a full kitchen and laundry. The 2,660 sq ft motel offers eight rooms, ranging in size from single occupancy to three-bedroom units, all furnished. Conversion to additional apartments presents a strong potential for increased profitability. Both buildings have basements. A detached two-car garage and an older cottage are also included. The expansive lot offers significant development potential, is subdividable, and boasts access from Route 9 and Day Road, with city water, sewer, and power available from both streets. The property is conveniently located just three miles from Bangor. Total square footage is 5,455 sq ft, with 15 parking spaces. The property was built in 1900 and 1953, and is zoned LDR. Asking price is $1,880,000.

Highlights

  • Owner-occupied three-unit building with 2,795 sq ft of first-floor space, including two offices, kitchen, living room, 1.5 baths, and a spacious bedroom.
  • Two renovated three-bedroom apartments, each with full kitchen and laundry, located on the second floor of the main building.
  • Eight-unit motel (2,660 sq ft), furnished, with room sizes ranging from single occupancy to three-bedroom units.
  • 54 acres (seller believes 63 acres, verification in progress) of subdividable land with city water, sewer, and power, accessible from Route 9 and Day Road.
  • Detached two-car garage and older cottage included on the property.
  • Property located three miles from Bangor, offering potential for conversion to apartments or other development opportunities.

Property Details for 1043 Main St

Property type
Mixed-use properties, Land
Square Feet
5,455 SF
Buildings
2
Stories
2
Lot Size (sq. ft)
2,352,240 SF
Units
11

Location Insight

City
Brewer
County
Penobscot
State
Maine
Latitude
44.8194366
Longitude
-68.7145067
1043 Main St, Brewer, Maine

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1043 Main St
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