207-885-5100
161 Main St, Newport, ME for Sale
Storefront Retail/Residential - FOR SALE
1/6
null | Request Cap Rate

161 Main St
Newport, ME 04953


HIGHLIGHTS

  • 11-Unit Apartment Building
  • .26+/- acre parcel with 45+/- ft. of frontage on Main St. and 157+/- ft. on Mill St.
  • Brick, metal framed brick, three story (11) Unit apartment building under construction

OVERVIEW

Real Estate Foreclosure Auction 26-38 11-Unit Apartment Building "Under Construction" 161 Main St., Newport, Maine Wednesday, May 6, 2026 at 11AM Real Estate: Consists of a .26+/- acre parcel with 45+/- ft. of frontage on Main St. and 157+/- ft. on Mill St. Improving the site is a brick, metal framed brick, three story (11) Unit apartment building under construction designed with (5) 1-bedroom 1-bath units, (5) 2-bedroom 1-bath units and (1) 1-bedroom 1-bath unit. There is also a separate .27+/- acre lot, currently used as public parking. Reference Tax Map 15, Lot 117 and 119A. Preview Date (Pending Access): Monday, April 20, 2026 2:30-3:30pm Buyer Broker Participation Available. Contact Auctioneer to Qualify. Terms: A $25,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 business days of the public sale with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. All other terms will be announced at the public sale. For a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #26-38. Richard J. Keenan #236. Our 54th Year and 8,876th Auction.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Real Estate Foreclosure Auction 26-38

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

B

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sherri HughesKeenan Auction CompanyMore Info
207-885-5100

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Sherri HughesKeenan Auction CompanyMore Info
207-885-5100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.