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1424 Us Hwy 1, Hancock, ME 04640

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For Sale

$499,000

4,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $110.89
    Price per square foot

  • Basement
    Amenities

Explore this Property

Prime Mixed-Use Investment Opportunity in the Heart of Hancock Village 1424 U.S. Highway 1, Hancock, Maine This is a unique opportunity for investors or entrepreneurs seeking location, versatility, and income potential. Ideally situated on busy U.S. Route 1 in the heart of Hancock Village, this property has undergone significant upgrades and offers multiple revenue streams. Tthe property includes four retail units totaling approximately 3,000 square feet, all supported by ample parking and high-visibility signage on two granite pylonsâ perfect for seasonal promotions and branding. Above the retail level is a spacious 1,500 sq. ft. one-bedroom apartment, ideal for an owner-occupant or rental income. The apartment features a vaulted living room ceiling, open kitchen and dining area, and two walk-in closets in the bedroom, with scenic views overlooking pastoral fields. Whether you're an investor looking for a multi-unit commercial property, or an entrepreneur wanting to live and work in one of Maine's most charming coastal villages, this property offers unmatched potentialâ just 5 miles to the beach, tennis courts, and harbor. Showing Instructions: Call Listing Broker | Listing Agent Must Accompany | Notice Required
MLS# 1628735

Courtesy Of Berkshire Hathaway HomeServices Northeast Real Estate
160 Broadway, Bangor, ME 04401
(207) 667-4604

Property Features

  • Amenities
    Basement
  • Floor Covering
    Laminate
  • Heating System
    Baseboard
  • Lot Size
    0.6 Acres

Map and Directions

Directions to 1424 Us Hwy 1, Hancock, ME 04640

Home seller CENTURY 21 Queen City Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Queen City Real Estate

(207) 942-4618
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.