597 Main Street, South Portland, ME 04106

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
597 Main Street,South Portland, ME 04106
$895,000
  • - Beds
  • 3 Baths
  • 3,630 sq. ft.
  • Multi-family
  • Active
Office: dream home realty llc.
MLS#:1665990
Source:ME_MREIS

Price summary

  • Price:$895,000
  • Price per sq. ft.:$246.56

About this home

Exceptional Mixed-Use Investment Opportunity in South Portland Rare opportunity to acquire a well-maintained, income-producing mixed-use property in a highly visible Main Street location. This versatile three-unit building offers a diversified income stream with a gross annual income of $70,800, anchored by an established medical office occupying the entire first floor, providing the benefit of stable commercial tenancy. The two residential units above provide additional rental income and strong tenant appeal. Each residential unit features its own washer and dryer, while tenants are responsible for their own heat and electricity -- helping reduce owner expenses and maximize net operating income. Meticulously cared for and truly turnkey, the property offers desirable amenities including off-street parking for up to three residential vehicles, additional on-street parking for tenants, clients, and guests, and convenient access to public transportation. Ideally positioned...

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Home facts

  • Year built:1920
  • Listing ID #:1665990
  • Updated:June 07, 2026 at 08:52 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:2
  • Flooring:Carpet, Linoleum, Luxury Vinyl
  • Basement Description:Brick/Mortar, Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:3,630 sq. ft.

Heating and cooling

  • Heating:Electric, Heat Pump, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Building area:3,630 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Business District, Corner Lot, Landscaped, Level, Near Shopping, Near Town, Near Turnpike/Interstate, Sidewalks
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding, Wood Frame
  • Exterior Features:Porch
  • Foundation Description:Brick/Mortar, Poured Concrete
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$246.56
  • Tax amount:$9,062 (2025)

Features and amenities

  • Laundry features:Main Level, Upper Level

Parking

  • Parking description:1 - 4 Spaces, Assigned, Common, Off street, On Street, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing 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 ME_MREIS Member Broker: Christopher Masiello