What is the asking price for 1294 US Route One?

The lease rate for space here is Contact for pricing.

What is the total size of 1294 US Route One?

The property has a total square footage of 4,855 SF.

When was this property built?

1294 US Route One was built in 1940.

How many parking spaces are available at 1294 US Route One?

Parking information for the property isn't currently listed. However, other nearby parking options include Freeport Village - Lower Level, located 1.98 miles away , and Freeport Village - Upper Level, which is 2.02 miles away.

1294 US Route One, Freeport, ME 04032

For Sale $1,100,000
Property Type Multi-Family
Property Size 4,855 SF
Units 6
Lot Size 0.6 Acre
Year Built 1940
Date Updated Jul 13, 2026

Description

The building is conveniently located 0.3 miles off I-295, Exit 24 in Freeport - 20 minutes north of Portland.Rare 6-unit multifamily investment property, offering convenient access to downtown Freeport while located directly off US Route 1, minutes from I-295

Highlights

Cap Rate: 7.58%
Recent improvements include insulation in attic, basement, & utility rooms, two (2) Brancato boilers, a water filtration system, rewired service panel on exterior/interiors for each unit, and new decks.
Sale Price/Unit: $183,333.00/unit
Sale Price: $1,100,000
Unit Mix: Two (2) 1 BR units & four (4) 2 BR units (separately metered electric)

Contacts

Noah Stebbins

The Boulos Company

12/100 Somewhat Bikeable

Contact Listing Broker

Noah Stebbins

The Boulos Company

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1294 US Route One