398 E Main Street, Searsport, ME 04974 (MLS# 1679934)

398 E Main Street, Searsport, ME 04974

New Listing

$499,000

Property Type: Commercial Square Footage: 3,696 Lot Size (sq. ft.): 43,560 Status: Active

Current Price: $499,000 List Date: 9/09/2026 Last Modified: 9/09/2026

Overview

Description

Versatile Mixed-Use Commercial Property on Route 1 in Searsport! Discover a distinctive investment and owner-occupant opportunity along highly visible Route 1. This building currently accommodates an operating creamery, a separate commercial rental space, and a two-bedroom apartment on the second floor—bringing business, rental, and residential uses together under one roof. A creamery currently operates within the building, demonstrating its suitability for a customer-facing food or retail business. An additional commercial unit provides flexibility for another business, tenant income, or future expansion. The fully furnished second-floor residence offers convenient housing for an owner, employee, or tenant and creates an additional potential income stream. A prominent Searsport setting on one of Maine's key coastal travel corridors, offering strong exposure and convenient access. Heat pumps installed in each unit in 2020. New septic system installed in 2020. New roof 2018. ... (Read more)

Listing Details MLS# 1679934

Location Information

Street #: 398
Pre Direction: E
Street Name: Main
Street Type: Street
County: Waldo
Town: Searsport
State/Province: ME
Zip Code: 04974
Zip +4: 3103
Leased Land: No
Book: 4501
Page: 226
Map: 9
Lot: 17
Zoning: Commercial 2
Zoning Overlay: No
Tax Year: 2026
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 499000

Property Information

Primary Use: Mixed Use
Surveyed: No
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: Partial
Deed Restrictions: Yes
Bank Owned REO: No
Year Built: 1987
Tenancy: Multiple Tenants
Leases: Yes
Total # Floors: 2
SqFt Finished Total: 3696
Lot Size Acres +/-: Yes
Road Frontage +/-: 150

Commercial Bldg Information

Gross Income: 57000
Operating Expenses: 11180
Retail SqFt: 2112
Total Units: 3
Traffic Count +/-: 9468

Water Info

Water Frontage: No
Water View: No

Utilities

Utilities On: Yes

More Information

Levels

Two: Yes

Location

Near Shopping: Yes

Property Uses

Restaurant: Yes
Retail: Yes

Recreational Water

Nearby: Yes

Construction

Wood Frame: Yes

Basement

Slab: Yes

Foundation Materials

Poured Concrete: Yes
Slab: Yes

Exterior

Shingle Siding: Yes

Roof

Shingle: Yes

Heat System

Heat Pump: Yes

Heat Fuel

Electric: Yes

Cooling

Heat Pump: Yes

Floors

Concrete: Yes
Vinyl: Yes
Wood: Yes

Building Features

Generator: Yes
Internet Access Available: Yes

Parking

11 - 20 Spaces: Yes

Electric

Circuit Breakers: Yes
Three Phase: Yes

Gas

Bottled: Yes

Sewer

Private Sewer: Yes
Septic Design Available: Yes
Septic Tank: Yes

Water

Public: Yes

Property Features

Location: Near Shopping Recreational Water: Nearby Construction: Wood Frame Levels: Two Property Uses: Restaurant; Retail Basement: Slab Foundation Materials: Poured Concrete; Slab Exterior: Shingle Siding Roof: Shingle Heat System: Heat Pump Cooling: Heat Pump Floors: Concrete; Vinyl; Wood Building Features: Generator; Internet Access Available Parking: 11 - 20 Spaces Electric: Circuit Breakers; Three Phase Gas: Bottled Sewer: Private Sewer; Septic Design Available; Septic Tank Water: Public

Documents

Septic Design ›

Deed Public Access ›

Listing Office: ERA Dawson-Bradford Co.

Last Updated: September - 09 - 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.