3 Main StCastine, ME 04421

  • Commercial real estate
  • 5,000 SF
For Sale
$1,495,000 View listing

Property Details for 3 Main St

Lot size
0.10 AC
Property size (Sq ft)
5,000 SF
Property type
Commercial real estate

Description

This exceptional 5,000 square foot commercial property, located at 3 Main Street in the charming coastal village of Castine, Maine, presents a rare investment opportunity. Situated on a 0.1-acre lot at the corner of Main and Water Streets, this iconic building enjoys unparalleled visibility, attracting both local residents and tourists alike. Established in 1765, the property currently houses three thriving commercial spaces, each occupied by well-established businesses, generating consistent rental income. Adding to its appeal, the upper two floors feature four residential units, offering further income potential or the possibility of creating a private owner's residence. The flexible layout allows for a variety of uses, making it an ideal investment for a discerning buyer seeking a blend of commercial and residential income streams. The building's prime location, directly across from the town dock, ensures high foot traffic and visibility to visiting yachtsmen and tourists. This is a chance to own a piece of Castine's rich history and vibrant commercial landscape. Showings require advance notice. The asking price is $1,495,000.

Location Insight

City
Castine
County
Hancock
State
Maine
Latitude
44.3879
Longitude
-68.7967

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