USAMERangeley2487 Main St
2487 Main St | Image 1
New
2487 Main St | Image 2
2487 Main St | Image 3

$649,000

For Sale

5 days ago

2487 Main St, Rangeley, ME

House

MLS® 1672824

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $4,328
Days Active 6
Lot Size 0.13 Acres
Approx. Age 1900
MLS® Number 1672824

Property Address: 2487 Main St, Rangeley, ME, 04970-4100

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of downtown Rangeley, 2487 Main Street presents a rare opportunity to acquire a highly visible mixed-use commercial property with both immediate income and significant value-add potential. Currently occupied by the established Black Bear Trading Post, this prominent Main Street location benefits from steady year-round traffic from local residents, seasonal visitors, outdoor enthusiasts, and vacationers drawn to the Rangeley Lakes Region. The ground floor is home to Black Bear Trading Post, providing stable occupancy and income. Above the retail space are two undeveloped upper floors that offer substantial redevelopment potential. These levels could potentially be renovated into three to four residential apartments, subject to municipal approvals and permitting requirements. With Rangeley experiencing a strong demand for long-term rental housing and a limited supply of available units, the upper floors present an outstanding opportunity for investors or developers to create much-needed residential housing while enhancing the property's income potential. The combination of an established commercial tenant and future residential development possibilities makes this a compelling investment in one of Maine's premier four-season destinations. CONTACT LISTING BROKER- CHRISTOPHER C FARMER, ESQ, 207-450-4600
MLS® Number1672824
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull, Partial
Driveway
Garage Spaces
HeatOil, Forced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 21, 2026List Date
$649,000List Price
  • Commute

Commute

Starting Address
Destination Address
2487 Main St, Rangeley, ME

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