Price Reduced 9.11%


Price History

$549,000
7/7/2025

$499,000
10/14/2025


1424 US HWY 1, Hancock, ME, 04640

1424 US HWY 1, Hancock, ME, 04640

4,500 sqft

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 pylons—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 potential—just 5 miles to the beach, tennis courts, and harbor. Showing Instructions: 48 Hour Notice Required


Status:

Active

Type:

Commercial

Zoning:

COMMERCIAL

Heating:

Baseboard

Cooling:

None

Basement:

Dirt Floor, Crawl Space

Parking:

11 - 20 Spaces

Acreage:

0.6

Est. Taxes:

$1,998

Construction

Clapboard, Wood Frame

Lot Description:

Downtown, Business District

MLS #:

1628735


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Berkshire Hathaway HomeServices Northeast Real Estate