Historic Coastal Investment

Property Description

Stunning Mixed-Use Property with Penthouse & Water Views in the Heart of Searsport! Ideally located in the vibrant heart of downtown Searsport, this 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 updated 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 structural transformation. Extensive work was done to level and stabilize one side of the building, while the opposite side was carefully reinforced 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. Renovation of the residential units is ongoing, providing potential flexibility for a new owner to influence some final layouts. The commercial spaces are ready for final fit-out, offering a versatile blank canvas for your business needs.