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427 Main Street , Norway, ME 04268 Photo
427 Main Street , Norway, ME 04268 Photo
  • Listing Provided by:
    Portside Real Estate Group
    Phone: 207-495-3700 IDX logo

  • 2,300
    Square Feet
  • 1685483
    MLS#
$498,500
Status: Active
427 Main Street Norway, ME 04268

Property Description

Prime Main Street Mixed-Use Investment Opportunity in Downtown Norway! Located along the vibrant and historic Main Street in Norway, Maine, 427 Main Street presents an exceptional opportunity to own a beautifully updated mixed-use property in the heart of one of the area's most charming downtown communities. Currently home to Dolce Amici restaurant on the first floor, with two tastefully renovated one-bedroom apartments above, this property offers an appealing combination of commercial and residential space with multiple income-producing possibilities. Surrounded by locally owned shops, restaurants, galleries, and a welcoming downtown atmosphere, this desirable Main Street location offers excellent visibility and convenient access for customers and residents alike. The first-floor commercial space features an inviting restaurant setting with outdoor seating that adds to the charm and energy of downtown Norway. On-site parking further enhances the property's appeal and convenience. Since 2019, the building has benefited from substantial renovations and thoughtful improvements, creating a more modern, efficient, and attractive property while preserving its downtown character. Investments include a new heating system in 2020, updated first-floor windows and flooring, energy-efficient heat pumps, and significant electrical and plumbing upgrades. Both second-floor apartments have been tastefully renovated, offering comfortable and inviting living spaces, while new exterior stairs provide improved access to the residential units. For an investor, the combination of established commercial space and two residential apartments creates an attractive opportunity for diversified rental income. For a restaurant owner or entrepreneur seeking to own their commercial real estate, the property's desirable location, existing restaurant layout, and potential for supplemental apartment income offer a compelling long-term investment.

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Property Features

MLS Number: 1685483
Subdivision:
County: Oxford
Bedrooms: 0
Total Square Feet: 2,300
New Constuction: No
Construction:
Waterfront: No
Property Type: Commercial - Business
Basement: Yes
Basement: Unfinished
Heating: Electric, Oil
Lot Size: 0.07 Acres
Taxes: $2,168
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers
Lot: Downtown, Retail Strip
Parking: 1 - 4 Spaces, On Site
Sewer: Public Sewer
Water: Public

Location

Listed By / Shown By

Listed By

Broker Name: Portside Real Estate Group
Broker Phone: 207-495-3700

Shown By

Agent Name: Keegan Rice
Agent Phone: Cell: (603) 348-7261
Broker Title: Badger Peabody & Smith Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/14/2026. The listing information on this page last changed on 11/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 11/14/2026 8:18:26 AM EST) or Prime MLS (last updated Fri 11/13/2026 2:36:24 PM EST) or MREIS (last updated Sat 11/14/2026 7:22:10 AM EST). Real estate listings held by brokerage firms other than Badger Peabody & Smith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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