186 Main Street, Freeport, ME 04032

$1,525,000
Property Type: Commercial Square Footage: 5,597 Lot Size (sq. ft.): 54,886 Status: Active
Current Price: $1,525,000 List Date: 9/02/2026 Last Modified: 9/02/2026

Overview

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.

Listing Details MLS# 1678876

Location Information

Street #
186
Street Name
Main
Street Type
Street
County
Cumberland
Town
Freeport
State/Province
ME
Zip Code
04032
Zip +4
1407
Leased Land
No
Book
41239
Page
323
Map
13
Lot
2
Zoning
V1
Full Tax Amount $
16145
Tax Year
2025
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
1525000

Property Information

Primary Use
General Commercial
Surveyed
No
Deed
All
Year Built
1885
SqFt Finished Total
5597
Lot Size Acres +/-
1.26

Utilities

Utilities On
Yes

More Information

Property Features

Location: Business District; Downtown; Historic District; Near Shopping Levels: Multi-Level Property Uses: Bed & Breakfast; Development Basement: Unfinished; Walk-Out Access Foundation Materials: Block; Stone Exterior: Clapboard Roof: Pitched; Shingle Floors: Carpet Parking: 11 - 20 Spaces; On Site Electric: Circuit Breakers Sewer: Public Sewer Water: Public
IDX
Listing Office: EXP Realty
Last Updated: September - 02 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.