14 School Street, Gorham, ME 04038

$1,180,000
Property Type: Commercial Square Footage: 2,632 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $1,180,000 List Date: 6/04/2026 Last Modified: 6/13/2026

Overview

Description

Exceptional investment opportunity in the heart of Gorham! Located at 14 School Street, this historic mixed-use building features three income-producing units, including two residential apartments and one commercial space, with mostly long-term tenants already in place. Situated within the desirable GVC (Gorham Village Center) zoning district, this property offers both immediate cash flow and future potential. Positioned just steps from the University of Southern Maine campus, local restaurants, shops, and village amenities, tenants enjoy the convenience of a highly walkable location. The property also offers valuable off-street parking, a sought-after feature in the village area. Whether you're looking to expand your investment portfolio, owner-occupy one of the spaces, or capitalize on the flexibility offered by mixed-use zoning, this well-maintained historic property presents a rare opportunity in one of Southern Maine's most desirable communities.

Listing Details MLS# 1665570

Location Information

Street #
14
Street Name
School
Street Type
Street
County
Cumberland
Town
Gorham
State/Province
ME
Zip Code
04038
Zip +4
1009
Leased Land
No
Book
36138
Page
0192
Map
102
Lot
69
Zoning
GVC
Zoning Overlay
No
Full Tax Amount $
8884
Tax Year
2025
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
1180000

Property Information

Primary Use
Mixed Use
Surveyed
Unknown
Year Built
1805
Year Renovated +/-
2023
Tenancy
Multiple Tenants
Leases
Yes
Total # Floors
3
SqFt Finished Total
2632
Lot Size Acres +/-
0.16

Location

Downtown
Yes

Property Uses

Bar/Tavern/Lounge
Yes
Bed & Breakfast
Yes
Child Care
Yes
Church
Yes
Commercial
Yes
Governmental
Yes
Restaurant
Yes
Retail
Yes
Special Purpose
Yes

Parking

5 - 10 Spaces
Yes
Off Street
Yes

More Information

Property Features

Location: Downtown Property Uses: Bar/Tavern/Lounge; Bed & Breakfast; Child Care; Church; Commercial; Governmental; Restaurant; Retail; Special Purpose Parking: 5 - 10 Spaces; Off Street
IDX
Listing Office: A Team Realty
Last Updated: June - 13 - 2026
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