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194 Main Road

Islesboro, ME 04848

2 beds
1 bath
1,152 sqft
~1 acre lot
$477 per sqft
1983 build
– on site

Investment opportunity on the island of Islesboro. Consider the potential with this 1+/- acre lot that houses two structures. The first of which is a 2 floor gambrel with an unfinished space on the first floor and a 2 BR 2 BA apartment on the second floor. The second structure is a 36 x 45 large metal garage with 16 foot ceilings. Located on Main Road with prime visibility, find opportunity for multiple potential investment streams with plentiful workshop, garage or studio space as well as an apartment that could be used as a primary residence or rented. Including a generator and fiber optic broadband internet with 1 gibibyte connection speeds, this multifaceted property is located just three miles off the coast of Lincolnville in Penobscot Bay and accessed by a 20-minute public car ferry, water taxi or private boat or small airplane. More interior photos to come.

Listing courtesy of MREIS / Cates Real Estate

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# 1582764 —

The Building

Year Built:

1983
Construction Materials:

Metal Clad, Clapboard, Wood Frame
Roof:

Shingle
Basement:

None, Not Applicable
Direction Faces:

None
Window Features:

None
Building Features:

None
Patio And Porch Features:

Deck
Building Area Total:

1152.0
Building Area Source:

Public Records

Interior

Rooms Total:

6
Kitchen:

true
Fireplace:

true
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Lot Features:

Near Golf Course, Near Shopping, Near Town, Rural
Lot Size:

43,560 Sqft
Lot Size Area:

1.0
Lot Size Acres:

1.0
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

Residential
Property Attached:

No
View:

Fields
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

false
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$2,556

Beds

Bedrooms Total:

2

Baths

Full Baths:

1
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Brokerage Compensation:

2.0000

Heating & Cooling

Heating:

Stove, Direct Vent Heater
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Electric:

Circuit Breakers
Sewer:

Private Sewer
Water Source:

Private

Appliances

Appliances:

Washer, Refrigerator, Gas Range, Dryer, Dishwasher

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

4.0
Carport Spaces:

None
Parking Features:

5 - 10 Spaces, Gravel

Monthly cost estimate

Asking price

$550,000

Expense	Monthly cost
Mortgage	$2,945
Taxes	$213
Insurance	$151
Utilities	$331 See report
Total	$3,640/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/22/24 Feb 22, 2024	Listed / Active	MREIS	$550,000

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This house located in Islesboro, ME 04848 is currently for sale for $550,000. 194 Main Road is a 1,152 square foot house with 2 beds and 1 bath that has been on Estately for 65 days. This house is in the attendance area of Islesboro Central School.

Listing Provided Courtesy of Cates Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.