EXIT Realty, A Smart Move!™
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us

161 Main Street, Newport, ME 04953

Share Listing

Listing Type
Commercial/Industrial
Listing Status
11
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$2,200,000

Share Listing

Home Details for 161 Main Street
Price
$2,200,000
Type
Commercial/Industrial
Year Build
1900
Lot Size
0.53
County
Penobscot
Basement
Full, Unfinished
Tax
$6,356
MLS®️ Listing#
1640973
Property Description
Unlock the potential of this Commercial property Renovations have started but aren't completed on this 11-unit apartment building property in the heart of Newport. Perfect for investors looking for an opportunity with much of the major work already done. Key Features & Improvements: New roof, windows, and electrical entrances. Upgraded electrical systems. New boiler and substantial plumbing work completed. Sprinkler system already installed. Generous off-street parking. With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units. Endless Potential: Five units with 1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath. Don't miss this chance to capitalize on a project with strong bones and serious potential.
View Virtual Tour
Property Features
Listing Courtesy: Better Homes & Gardens Real Estate/The Masiello Group - melissabartlett@masiello.com
mls_iconListing 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Neighborhood Homes

See several nearby properties

EXIT KEY REAL ESTATE
920 Shapleigh Corner Rd, Shapleigh, ME 04076
EXIT Key Real Estate
Similar Nearby Homes for Sale

See properties nearby this listing

Similar Nearby Home Values

Compare the values ​​of homes nearby

$2,200,000

Share Listing

EXIT KEY REAL ESTATE
920 Shapleigh Corner Rd, Shapleigh, ME 04076
EXIT Key Real Estate
Request more details
First Name
Last Name
Email
Phone Number
Options
Message (66/500)
By pressing Send, you agree that EXIT Realty offices or agents may contact you via phone/text/email about your inquiry. You also agree to our Terms of Use.