$1,365,000
$424K PRICE DROP

37 & 39 E Main St Searsport, ME 04974

Estimated payment $7,486/month

Total Views 17,232
-- Bed
8 Baths
6,883 Sq Ft
$198 Price per Sq Ft

Highlights

  • Ocean Front
  • Public Beach
  • Rowhouse Architecture
  • Nearby Water Access
  • The property is located in a historic district
  • Wood Flooring

About This Home

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.

Listing Agent

Keirsten Wyman

RE/MAX JARET & COHN Brokerage Email: belfast@jaretcohn.com Listed on: 06/16/2025

RE/MAX JARET & COHN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1864

Lot Details

  • 2,614 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Sprinkler System

Property Views

  • Water
  • Scenic Vista

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 6,883 Sq Ft Home
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 8 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Generator Hookup
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tax Lot 26 & 27
  • Assessor Parcel Number 3739EMainStreetSearsport04974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,320

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Water Body Name: Searsport Harbor, Penobscot Bay
  • MLS Status: Active
  • Directions: Main Street -Searsport. Across from Penobscot Marine Museum. Sign in window.
  • Above Grade Finished Sq Ft: 6883.0
  • Architectural Style: Row-End
  • Garage Yn: No
  • Year Built: 1864
  • Attribution Contact: belfast@jaretcohn.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 198.31
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 6883.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Roof:Shingle: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Location:Near Public Beach: Yes
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Equipment:Internet Access Available: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Exterior:Brick: Yes
  • Electric:Generator Hookup: Yes
  • Parking:On Street: Yes
  • Misc Amenities Sprinkler: Yes
  • Construction:Masonry: Yes
  • Style:Row-End: Yes
  • Advertising Remarks:Advertising Remarks: 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.
  • Window Features:Low E Windows2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Interior, Bulkhead, Full, Sump Pump, Unfinished
  • Full Bathrooms: 8
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Primary Bedroom w/Bath
  • Window Features: Low-Emissivity Windows
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Historic District, Intown, Near Public Beach, Near Shopping, Retail Strip
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Brick, Masonry
  • Roof: Metal, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Other, Off Street, On Street

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler, Fire System, Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 3739EMainStreetSearsport04974
  • Zoning: Mixed Use

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 3320.0
  • Tax Lot: 26 & 27
  • Tax Year: 2020

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Price Changed $1,365,000 -0.7% $198 / Sq Ft
07/22/2025 07/22/25 Price Changed $1,375,000 -5.8% $200 / Sq Ft
07/12/2025 07/12/25 Price Changed $1,460,000 -5.7% $212 / Sq Ft
07/03/2025 07/03/25 Price Changed $1,548,500 -5.9% $225 / Sq Ft
06/27/2025 06/27/25 Price Changed $1,645,000 -3.2% $239 / Sq Ft
06/21/2025 06/21/25 Price Changed $1,699,000 -5.0% $247 / Sq Ft
06/16/2025 06/16/25 For Sale $1,789,000 -- $260 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1626945

Maine Listings