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(207) 942-6711
(207) 942-6711 Email 207-745-6811
Angelia Levesque
REALTOR®, SRES
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161 Main Street, Newport, ME 04953

$2,200,000
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SQUARE FEET10,500 MLS#1640973
STATUSActive PROPERTY TYPECommercial - Business
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Property Description

Unlock the potential of this Commercial property Renovations have started but aren't completed on this 11-unit apartment building property in the heart of Newport. Perfect for investors looking for an opportunity with much of the major work already done.Key Features & Improvements:New roof, windows, and electrical entrances.Upgraded electrical systems.New boiler and substantial plumbing work completed.Sprinkler system already installed.Generous off-street parking.With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units.Endless Potential: Five units with 1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath.Don't miss this chance to capitalize on a project with strong bones and serious potential.

161 Main Street | MLS# 1640973

This commercial property located at 161 Main Street, Newport, ME 04953 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $2,200,000. Search Newport real estate on angelialevesque.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Heat Pump
Heating: Baseboard, Heat Pump, Hot Water
Lot Size: 0.53 Acres
Roof Type: Membrane
Taxes: $6,356
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers
Equipment: Cable
Flooring: Luxury Vinyl
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Better Homes & Gardens Real Estate/The Masiello Group

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Shown By

Agent Name: Angelia Levesque
Agent Phone: (207) 942-6711

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Angelia Levesque
Angelia Levesque Office: (207) 942-6711 Cell: (207) 745-6811 Email: angelialevesque@masiello.com
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 8:54:16 AM EST) or MLSPIN MLS (last updated Wed 03/04/2026 8:50:29 AM EST) or Prime MLS (last updated Wed 03/04/2026 8:51:22 AM EST) or MREIS (last updated Wed 03/04/2026 8:45:24 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
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