Downtown Freeport Multi-Family Investment

For Sale

12 Elm St, Freeport, ME 04032

This Freeport property for sale is located at 12 Elm St. The current listed sale price for Downtown Freeport Multi-Family Investment is $10,495,000. Downtown Freeport Multi-Family Investment is situated on a lot that is 4.16 acre in size.

Contacts

Joseph Italiaander

The Boulos Company

Property Details

  • 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 Aug 3, 2026
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
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Attachments

Getting around

  • 60/100

    Walk Score ®

  • 48/100

    Bike Score ®

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Location

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

Points of Interest

  • Freeport

    0.32 miles

  • Brunswick

    7.75 miles

  • Tesla Supercharger

    0.06 miles

  • Irving

    0.24 miles

  • Short Stop

    4.60 miles

  • Cumberland Farms

    4.99 miles

  • Citgo

    5.00 miles

  • Mobil

    6.24 miles

  • Sunoco

    6.42 miles

  • Shell

    7.16 miles

  • EVgo

    8.35 miles

  • Freeport Village - Upper Level

    0.25 miles

  • Freeport Village - Lower Level

    0.26 miles

  • Park and Ride - Freeport

    1.63 miles

  • Rest Area Welcome Center

    4.56 miles

  • Park & Ride Lot

    4.62 miles

  • Spear Farm Estuary Preserve Parking Lot

    5.16 miles

  • Exit 15 Park and Ride Lot

    6.80 miles

  • Chebeague Island Ferry Parking Lot

    7.10 miles

  • Hakett and Minot Trails Parking Parking for town owned hiking trail

    7.13 miles

  • Wilsons Cove Trail Town Hiking Trail parking

    7.21 miles

  • Haraseeket Inn

    0.16 miles

  • White Cedar Inn

    0.21 miles

  • Brewster House Bed and Breakfast

    0.22 miles

  • The Village Inn

    0.25 miles

  • Hilton Garden Inn

    0.26 miles

  • Applewood Inn

    0.29 miles

  • Nicholson Inn

    0.33 miles

  • Hampton

    1.19 miles

  • Econo Lodge Freeport

    1.62 miles

  • The Freeport Hotel

    1.75 miles

  • Bow Street Market

    0.42 miles

  • Shaw's

    1.25 miles

  • Royal River Natural Foods

    2.04 miles

  • Hannaford

    5.35 miles

  • Rosemont Market & Bakery

    5.78 miles

  • Target

    7.80 miles

  • Morning Glory Natural Foods

    7.90 miles

  • Tontine Mall

    7.94 miles

  • Merrymeeting Plaza

    9.55 miles

  • Cook's Corner Mall

    9.80 miles

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