Lot For Sale near Penobscot River

Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99+- acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion. Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or investors looking for immediate cash flow. The lower level was previously used as a general store and lunch counter but is now a blank slate, ready to be reimagined. With proper approvals, this space could be converted into additional rental units, a workshop, studio space, or a live/work setup, depending on your vision. Whether you're looking to expand your rental portfolio, start a small business, or create a custom living space, 340 Main Road offers flexibility and value in a rural setting.

Property Details

  • Location: Penobscot River
  • Acres: 1.990
  • MLS #: 1639544

Location

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Contact Information:

Contact Agent
Buyer's Agent: Carolyn Fish
Next Home Experience
207-944-8466
Please say you found it on Lakehouse.com !
Listing Agent: Chelsea Ireland, NextHome, Inc, 207-463-8055, 207-573-7400 Listing Site, Listing Status: Active
Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Lot For Sale in Passadumkeag, Maine
Ad Number : 7025592
Viewed: 2 times
Added: Nov 05, 2025
Updated on: Nov 05, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.