Downtown Freeport Multi-Family Investment

12 Elm St, Freeport, ME 04032

Property Information

  • For Sale $10,495,000
  • Property Type Multi-Family
  • Property Size 31,846 SF
  • Units 36
  • Lot Size 4.16 Acre
  • Parking Spaces Avail. 60
  • Property Tenancy Multi-Tenant
  • Year Built 1979
  • Date Updated Jul 29, 2026

Description

12 Elm Street (Wildewood Acres) is a 36-unit multi-family investment property located in the heart of Freeport, Maine, just steps from downtown Freeport and its premier shopping, dining, and retail destinations. Convenient to Exit 22 / I-295 and directly off Route 1.Steps from Downtown Freeport Mix of one (1), two (2), and three (3) bedroom units Recent updates include new windows (2004), newly paved and striped parking lot (2025), new roofs (all within the last 5-10 years), and new wheelchair-accessible ramps to ensure ADA compliance Newly converted into Fair Market Rentals (was previously in the Rural Development Program) Includes excess land for possible future development Professionally managed and maintained property

Contacts

Location

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