164 Main St, Gorham, ME 04038

$1,250,000
5
BD
4
BA
4,515
SqFt

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Listing courtesy of Maine Real Estate Experts.

List Price
$1,250,000
MLS#
1680534
Status
ACTIVE
Type
Single Family Residential
City
Gorham
County
Cumberland
Bedrooms
5
Bathrooms
4
Living Area
4,515
Lot Size
37,026
Year Built
1905

Property Description

A rare opportunity to own a spacious home in the heart of Gorham with exceptional flexibility and built-in income potential. The main residence at 164 Main Street offers approximately 3,118 square feet of finished living space over two floors, with 4/5 bedrooms, 2 full baths, and an attached 2-car garage. Thoughtfully maintained by the current owners, who have lived and worked here for approximately 30 years, the home offers generous living space in a convenient location near Gorham's walkable downtown, local businesses, restaurants, services, and area amenities. What truly sets this property apart are the additional spaces that complement the main residence. Above the garage is an approximately 644-square-foot one-bedroom apartment, currently rented, providing an opportunity for supplemental income or potential future use for extended family, guests, or other needs. At the rear of the property is approximately 826 square feet of finished professional office space, also currently leased. The office includes a waiting area, office/exam rooms, storage, a bathroom, ADA access, and dedicated parking, allowing the property to provide additional income without sacrificing the primary residential living space. Currently zoned Office Residential, the property's size and configuration may also offer possibilities for additional development, expanded units, a possible backlot, or other future uses, subject to applicable zoning, municipal approvals, and buyer due diligence. Whether you're looking for a substantial primary residence, additional rental income, space for future flexibility, or a property with longer-term possibilities, 164 Main Street offers a combination that is difficult to find in Gorham.

Additional Information

Living Area
4,515
View
Scenic View(s)
Electric
Circuit Breakers, Generator
Water
Public
Basement
Bulkhead, Interior Entry, Walkout, Brick/Mortar, Unfinished
Cooling
Heat Pump, Window/Wall
Year Built
1905
Acres
0.85
Roof
Composition, Shingle
Foundation
Block, Stone, Brick/Mortar
Style
Colonial
Courtesy Of Listing Office
Maine Real Estate Experts

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