48 U.S. Rte 1 new Save Request In-Person Tour Request Virtual Tour
Nobleboro,ME 04555
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 2,981 sqft
Price per Sqft $244
MLS Listing ID 1636087
Style Colonial,Ranch
Full Baths 2
Half Baths 2
Year Built 1794
Annual Tax Amount $2,727
Tax Year 2025
Lot Size 5.250 Acres
Property Description
Unique opportunity to own a versatile income-producing property on Route 1 in Nobleboro. Situated on 5.25 subdivideable acres, the property currently features two distinct residences plus additional space for expansion. The main home is a fully restored 1700s Colonial with 2 bedrooms and 1.5 baths, blending period charm—wide plank floors, exposed beams, enclosed porch—with modern upgrades like a new kitchen, updated baths, and a skylit great room.
The second dwelling, a spacious double-wide, has been partially converted into a one-bedroom apartment with brand-new kitchen, bath, and laundry, while the remaining half offers a flexible open layout with half bath and separate entrance—ready to finish as another rental unit, workspace, or studio. With land already approved for division into three parcels, owners can generate income through multiple avenues: rentals, subdivision, or business use. Just minutes to Damariscotta and the midcoast, this property offers rare versatility and long-term investment potential.
Location
State ME
County Lincoln
Zoning Mixed Use
Interior
Heating Wood Stove,Radiant,Hot Water,Forced Air,Direct Vent Furnace,Baseboard
Cooling None
Flooring Wood,Vinyl,Tile,Carpet
Fireplaces Number 1
Equipment Air Radon Mitigation System
Laundry Laundry - 1st Floor,Main Level
Exterior
Parking Features 11 - 20 Spaces,Gravel
View Y/N No
Roof Type Shingle
Building
Lot Description Rolling/Sloping,Pasture/Field,Near Shopping,Near Turnpike/Interstate
Story 2
Sewer Private Sewer
Water Private
Structure Type Wood Siding,Vinyl Siding,Mobile,Wood Frame