37 & 39 E Main Street, Searsport, ME 04974

$1,365,000
Property Type: Multi-Family Baths: 8 Square Footage: 6,883 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $1,365,000 List Date: 6/16/2025 Last Modified: 9/04/2025

Description

MAKE AN OFFER, MOTIVATED SELLER! Stunning Mixed-Use Property with Penthouse & Water Views in the Heart of Searsport! Ideally located in the vibrant heart of downtown Searsport, this down to studs and beyond renovated mixed-use property offers a rare opportunity to live, work, and invest just steps from the waterfront. Directly across the street from the Penobscot Marine Museum, a popular local brewery, and a growing hub of small businesses, this property is surrounded by culture, commerce, and coastal charm. The building features two spacious Main Street storefronts; perfect for retail, studio, gallery, or office use, which can remain separate or be easily combined to suit your business vision. Above, five thoughtfully and completely renovated residential units span the upper levels, including a stunning fourth-floor penthouse with panoramic water views. Third-floor units also enjoy views of the harbor, making these apartments highly desirable for tenants or an owner-occupant. This property has undergone a comprehensive transformation with guidance from the local historical society to preserve original features, including beautifully detailed tin ceilings on the first floor. The entire structure has been gutted and rebuilt from the inside out, with all renovations performed to meet current codes and in partnership with preservation specialists. Throughout the residential spaces, exposed original brick and other discovered architectural elements offer unique historic charm, artfully integrated with modern systems and finishes. All units have been upgraded with energy-efficient heat pumps for year-round comfort and include in-unit washer/dryer hookups for added convenience. Too many updates to list, this is a must see! Don't forget the commercial spaces that are ready for final fit-out, offering a versatile blank canvas for your business needs. List of potential lease partners available to qualified buyers for both residential and commercial units.

Supplements: ********

More Information MLS# 1626945

Location Information

Street #: 37 & 39 Street Name: E Main Street Type: Street County: Waldo Town: Searsport State/Province: ME Zip Code: 04974 Leased Land: No Book: 4477 Page: 6-8 Map: 12 Lot: 26 & 27 Zoning: Mixed Use Zoning Overlay: No Association: No Full Tax Amount $: 3320 Tax Year: 2020 Tree Growth Y/N: No Geo Lat: 44.458569 Geo Lon: -68.925181

Contract Information

Status: Active Original List Price: 1789000 List Price: $1,365,000 Current Price: $1,365,000

Property Information

Surveyed: Unknown Seasonal: No Deed/Conveyance Type Offered: Warranty Number of Units: 5 Total Baths: 8 Total Full Baths: 8 Year Built: 1864 SqFt Finished Above Grade: 6883 SqFt Finished Total: 6883 SqFt Source: Seller Garage: No Lot Size Acres +/-: 0.06 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: Yes Water Body Name: Searsport Harbor, Penobscot Bay

Units

# of 2 BD Units: 5

Unit 1

Lease: No Level: Second Security Deposit: No # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: No Water: No

Unit 2

Lease: No Level: Second Security Deposit: No # Full Baths: 2 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: No Water: No

Unit 3

Lease: No Level: Third Security Deposit: No # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: No Water: No

Unit 4

Lease: No Level: Third Security Deposit: No # Full Baths: 2 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Water: No

Unit 5

Lease: No Level: Four + Security Deposit: No # Full Baths: 2 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: No Water: No

Property Features

Site: Sidewalks Location: Historic District; Intown; Near Public Beach; Near Shopping; Retail Strip Roads: Paved; Public Water Body Type: Bay; Harbor; Ocean Recreational Water: Nearby; Oceanfront; Public View: Scenic Style: Row-End Construction: Masonry Basement: Bulkhead; Full; Sump Pump; Unfinished Basement Entry: Bulkhead; Interior Exterior: Brick; Vinyl Siding Roof: Metal; Pitched; Shingle Heat System: Heat Pump Water Heater: Electric Cooling: Heat Pump Floors: Carpet; Tile; Wood Window Features: Low-Emissivity Windows Amenities: Laundry - Hookup; Primary Bedroom w/Bath; Security System; Sprinkler Equipment: Internet Access Available Driveway: Other Parking: 5 - 10 Spaces; Off Street; On Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers; Generator Hookup Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: RE/MAX JARET & COHN
Last Updated: September - 04 - 2025
37 & 39 E Main Street, Searsport, ME 04974- MLS# 1626945
Broker Attribution: belfast@jaretcohn.com

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