1294 US Route One

For Sale

1294 US Route One, Freeport, ME 04032

This Freeport property for sale is located at 1294 US Route One. The current listed sale price for 1294 US Route One is $1,100,000. 1294 US Route One is situated on a lot that is 0.6 acre in size.

Contacts

Noah Stebbins

The Boulos Company

Property Details

  • Property Type Multi-Family
  • Property Size 4,855 SF
  • Units 6
  • Lot Size 0.6 Acre
  • Year Built 1940
  • Date Updated Aug 3, 2026
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
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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)

Attachments

Getting around

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Location

  • City Freeport, ME
  • Zip Code 04032
  • Market Portland ME

Points of Interest

  • Freeport

    2.04 miles

  • Brunswick

    6.16 miles

  • Irving

    1.75 miles

  • Tesla Supercharger

    1.88 miles

  • Cumberland Farms

    5.17 miles

  • Short Stop

    5.17 miles

  • Shell

    5.52 miles

  • 7-Eleven

    6.26 miles

  • EVgo

    6.58 miles

  • Gibbs

    6.73 miles

  • Citgo

    6.81 miles

  • Freeport Village - Lower Level

    1.98 miles

  • Freeport Village - Upper Level

    2.02 miles

  • Park and Ride - Freeport

    3.45 miles

  • Rest Area Welcome Center

    6.38 miles

  • Park & Ride Lot

    6.44 miles

  • Spear Farm Estuary Preserve Parking Lot

    6.98 miles

  • Wilsons Cove Trail Town Hiking Trail parking

    7.12 miles

  • Wilson Cove Trail Parking Lot

    7.12 miles

  • Widgeon Cove Trail Parking for Town Hiking Trail

    7.15 miles

  • Widgeon Cove Trail Parking Lot

    7.15 miles

  • Maine Idyll Motor Court

    0.59 miles

  • The Village Inn

    1.57 miles

  • Brewster House Bed and Breakfast

    1.60 miles

  • White Cedar Inn

    1.61 miles

  • Haraseeket Inn

    1.69 miles

  • Hilton Garden Inn

    1.87 miles

  • Applewood Inn

    2.11 miles

  • Nicholson Inn

    2.14 miles

  • Hampton

    3.01 miles

  • Econo Lodge Freeport

    3.44 miles

  • Bow Street Market

    1.81 miles

  • Shaw's

    3.07 miles

  • Royal River Natural Foods

    3.86 miles

  • Target

    6.04 miles

  • Hannaford

    6.11 miles

  • Morning Glory Natural Foods

    6.26 miles

  • Tontine Mall

    6.33 miles

  • Rosemont Market & Bakery

    7.59 miles

  • Merrymeeting Plaza

    8.07 miles

  • Cook's Corner Mall

    8.36 miles

Contact Listing Broker
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