This home offers a unique living space but also presents an excellent opportunity for business exposure due to its convenient location and well-maintained condition. The layout of the home, with a first-floor bedroom, den, and open kitchen concept, along with two additional bedrooms, a den, and a kitchen setup upstairs, provides flexibility and potential for various uses. The possibility to expand on the existing setup, this property can be customized to suit your specific needs and preferences, whether for residential purposes, a business venture, or a combination of both. The open kitchen concept and multiple living spaces offer versatility and room for creativity in designing the space to align with your plans. Whether you are looking for a single-family residence, a multifamily residence, or even a location for a commercial business, this property has the flexibility to accommodate various plans and ideas. This is a versatile property and the opportunity to explore different options, it seems like a place where one can truly make your vision come to life. The fact that this property has been in the family for years adds a sense of history, pride in ownership and potential for creating your own roots and making it your own.
The median home value in Gray, ME is $470,000. This is equal to the county median home value of $470,000. The national median home value is $338,100. The average price of homes sold in Gray, ME is $470,000. Approximately 72.56% of Gray homes are owned, compared to 17.37% rented, while 10.07% are vacant. Gray 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 Gray real estate agent to arrange a tour today!
Gray, Maine has a population of 8,212. Gray is less family-centric than the surrounding county with 29.93% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Gray, Maine is $90,284. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Gray is 44 years.
The average high temperature in July is 79 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 48.8 inches per year, with 76 inches of snow per year.