1424 US HWY 1, Hancock, ME 04640
$549,000
Property Type:
Commercial
Square Footage:
4,500
Lot Size (sq. ft.):
26,136
Status:
Active
Current Price:
$549,000
List Date:
7/07/2025
Last Modified:
9/19/2025
Description
Prime Mixed-Use Investment Opportunity in the Heart of Hancock Village
1424 U.S. Highway 1, Hancock, Maine
This is a unique opportunity for investors or entrepreneurs seeking location, versatility, and income potential. Ideally situated on busy U.S. Route 1 in the heart of Hancock Village, this property has undergone significant upgrades and offers multiple revenue streams.
Tthe property includes four retail units totaling approximately 3,000 square feet, all supported by ample parking and high-visibility signage on two granite pylons—perfect for seasonal promotions and branding.
Above the retail level is a spacious 1,500 sq. ft. one-bedroom apartment, ideal for an owner-occupant or rental income. The apartment features a vaulted living room ceiling, open kitchen and dining area, and two walk-in closets in the bedroom, with scenic views overlooking pastoral fields.
Whether you're an investor looking for a multi-unit commercial property, or an entrepreneur wanting to live and work in one of Maine's most charming coastal villages, this property offers unmatched potential—just 5 miles to the beach, tennis courts, and harbor.
Showing Instructions:
48 Hour Notice Required
Supplements: ********
More Information MLS# 1628735
Location Information
Book: 6895
Leased Land: No
Page: 438
Map: 210
Lot: 025
Zoning Overlay: Unknown
Entrance Fee: 0
Tree Growth Y/N: Yes
Association Y/N: No
Street #: 1424
Street Name: US HWY 1
County: Hancock
Town: Hancock
State/Province: ME
Zip Code: 04640
Zoning: COMMERCIAL
Full Tax Amount $: 1998
Tax Year: 2023
Geo Lat: 44.529456
Geo Lon: -68.255042
Property Information
Primary Use: Mixed Use
Surveyed: Unknown
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
Lot Size Acres +/-: 0.6
Year Renovated +/-: 2000
Tenancy: Multiple Tenants
Leases: No
Total # Floors: 2
Year Built: 9999
SqFt Finished Total: 4500
Location
Business District: 1
Downtown: 1
Property Uses
Bar/Tavern/Lounge: 1
Business Park: 1
Commercial: 1
Restaurant: 1
Retail: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Crawl Space: 1
Dirt Floor: 1
Foundation Materials
Granite: 1
Poured Concrete: 1
Exterior
Clapboard: 1
Roof
Composition: 1
Heat System
Baseboard: 1
Heat Fuel
Electric: 1
Gas Bottled: 1
Cooling
None: 1
Floors
Engineered Hardwood: 1
Hardwood: 1
Laminate: 1
Accessibilitiy Amenities
36+ Inch Doors: 1
Building Features
Internet Access Available: 1
Parking
11 - 20 Spaces: 1
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Private Sewer: 1
Water
Private: 1
Contract Information
Status: Active
Original List Price: 549000
List Price: $549,000
Current Price: $549,000
Property Features
Location: Business District; Downtown
Construction: Wood Frame
Levels: Multi-Level
Property Uses: Bar/Tavern/Lounge; Business Park; Commercial; Restaurant; Retail
Basement: Crawl Space; Dirt Floor
Foundation Materials: Granite; Poured Concrete
Exterior: Clapboard
Roof: Composition
Heat System: Baseboard
Heat Fuel: Gas Bottled
Cooling: None
Floors: Engineered Hardwood; Hardwood; Laminate
Building Features: Internet Access Available
Parking: 11 - 20 Spaces
Electric: Circuit Breakers
Gas: Bottled
Sewer: Private Sewer
Water: Private
Documents
Property Disclosure Public Access ›Listing Office: Berkshire Hathaway HomeServices Northeast Real Estate
Last Updated: September - 19 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.