Milbridge ME Commercial for Sale
$489,500
14 Main Street Milbridge, ME 04658
- Type:
- Mixed Use
- Sq.Ft.:
- 3,634
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 1608728
View additional info
Courtesy: The Christopher Group, LLC
877-350-4409
ADDITIONAL INFORMATION
The beloved Riverlily building located at 14 Main is for sale. This gorgeous Mansard has been lovingly restored and is home to The Riverlily, a local favorite establishment for all your shopping needs. History of this building - former Post Office, Knights of Columbus, a Restaurant, Mercantile and a Seafood Market. This wonderful property consists of first floor retail with lovely wood floors, 12 foot celling of tin, lots of light, a half bath, a back storage room and office space. Head outside and towards the side parking area to access a set of stairs leading you to the lovely apartment. The apartment has the same beautiful floors, a living room, open kitchen and eating area, 3 bedrooms, and a full bath with laundry area. Great supplemental income or on site living for the next owner of this building. There are stairs to the 3rd level which could be an additional living space or use for more storage. And now for even more - there are 2 buildings behind Riverlily - one was used for a working studio and the other spaces used for storage. Think about leasing out for others wanting a studio or as an add on business. So much potential for one wanting to be in beautiful Downeast Maine and in the Milbridge area. Note - the Retail business is not included in the listing but for those with a serious interest, please inquire and we will accommodate your questions. Shown by appt only.
Milbridge Real Estate
The median home value in Milbridge, ME is $213,250. This is higher than the county median home value of $190,200. The national median home value is $338,100. The average price of homes sold in Milbridge, ME is $213,250. Approximately 48.05% of Milbridge homes are owned, compared to 11.57% rented, while 40.38% are vacant. Milbridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milbridge real estate agent to arrange a tour today!
Milbridge, Maine has a population of 1,323. Milbridge is more family-centric than the surrounding county with 24.68% of the households containing married families with children. The county average for households married with children is 22.5%.
The median household income in Milbridge, Maine is $44,545. The median household income for the surrounding county is $46,689 compared to the national median of $69,021. The median age of people living in Milbridge is 48.5 years.
Milbridge Weather
The average high temperature in July is 76.8 degrees, with an average low temperature in January of 9.1 degrees. The average rainfall is approximately 50 inches per year, with 68.2 inches of snow per year.