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$550,000   Price Analysis
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194 Main Rd
Islesboro, ME 04848
2 bed 1 bath 1,152 SqFt ($477/SqFt)
1.0 acre lot. Built 1983
Listed 2024-02-22
USDA Eligible
near Islesboro, ME
 

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 3 BR 1 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 pr ime 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 nd fiber optic broadband internet with 1 gibibyte connection speeds, this multifaceted property is located 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.


Presented by Virginia Hess at
Cates Real Estate.
Listing Agent Photo

Property MLS #1582764 from MaineListings

Bedrooms: 2
Bedroom 1 Level: Second
Bedroom 2 Level: Second

Total Rooms: 6
Living Room Level: Second
Office/Study Room Level: Second

Total Bathrooms: 1
Full Bathrooms: 1

Washer
Refrigerator
Gas Range
Dryer
Dishwasher

Heating Features: Stove, Direct Vent Heater
Heating: Yes
Number of Fireplaces: 1

Kitchen Level: Second

Patio And Porch Features: Deck

Lot Description: Near Golf Course, Near Shopping, Near Town, Rural
Lot Size Acres: 1.0
Lot Size Square Feet: 43560

Garage Spaces: 4
Parking Features: 5 - 10 Spaces, Gravel

View: Fields

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2556
Source Listing Status: Active
County: Waldo
Directions: From Ferry Rd turn left onto Mill Creek. Continue to the intersection of Mill Creek and Pendleton Point/Main Rd. Head north on Main Rd. Property is on the left sign out front.
Tax Year: 2023
Source Property Type: Residential
Exclusions: Asymmetrical Lift 12, 000 lbs
Parcel Number: ISBR-000019-000000-000002
Postal Code Plus 4: 4508
Zoning: Residential
Property Subtype: Single Family Residence
Source System Name: C2C

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Year Built: 1983
Above Grade Finished Area: 1152
Building Area Total: 1152
Building Exterior Type: Metal Clad, Clapboard, Wood Frame
Construction Materials: Metal Clad, Clapboard, Wood Frame
Foundation Details: Concrete Perimeter, Slab
Property Age: 41
Roof: Shingle
Architectural Style: Gambrel

Sewer: Private Sewer
Water Source: Private

Islesboro Central School is a public elementary, middle and high school located approximately 2 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.