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Luanne Stinson
REALTOR®
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1642 Atlantic Highway , Warren, ME 04864

$914,000
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New to the Market Active
SQUARE FEET11,157 MLS#1672228
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Rare opportunity to acquire a diversified income-producing property consisting of a newly renovated duplex, a commercial building with ten storage/commercial rental units, and a fully renovated single-family residence. Strategically located approximately one mile north of Route 90 and directly across from Ande's Variety & Take Out, one of the area's busiest retail destinations, the property benefits from excellent visibility, strong traffic counts, and a highly desirable commercial location. The duplex is currently undergoing a comprehensive renovation and, upon completion (anticipated in September), will feature two spacious residential apartments designed to attract quality tenants. The first-floor unit includes direct access to an attached two-car garage, while a newly paved driveway and expanded parking area further enhance tenant appeal and marketability. The interior of the single-family residence was extensively renovated approximately one year ago and is currently rented. The commercial building contains ten rental storage/commercial units, providing an opportunity as an established income component while offering flexibility to accommodate a variety of tenants. Combined with the residential units, the property offers a diversified rental portfolio that helps reduce income risk and enhances long-term investment stability. This property presents an outstanding opportunity for investors seeking the ability of having and expanding cash flow investment. When the renovations are completed and the duplex reaches stabilized occupancy, the property is well-positioned to generate increased rental income while benefiting from long-term appreciation. The combination of multiple revenue sources, recent capital improvements, strong location, and limited deferred maintenance creates an attractive investment with excellent potential for both income growth and asset appreciation.

1642 Atlantic Highway | MLS# 1672228

This commercial property located at 1642 Atlantic Highway , Warren, ME 04864 is currently listed for sale with an asking price of $914,000. Search Warren real estate on luannestinson.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Slab
Heating: Electric, Oil, Propane, Forced Air, Heat Pump
Lot Size: 2.57 Acres
Roof Type: Shingle
Taxes: $4,518
Year Built: 2009

Feature Descriptions

Electric: Circuit Breakers
Exterior: Wood Frame, Metal Clad, Vinyl Siding, Wood Siding
Foundation: Poured Concrete
Lot: Rural
Parking: 21+ Spaces, On Site
Sewer: Private Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: SVN The Masiello Group
Agent Name: Douglas Erickson
Agency Phone: 207-596-6095

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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 07/21/2026. The listing information on this page last changed on 07/21/2026. 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 Tue 07/21/2026 6:30:06 AM EST) or MLSPIN MLS (last updated Mon 07/20/2026 11:38:26 PM EST) or Prime MLS (last updated Mon 07/20/2026 11:33:29 PM EST) or MREIS (last updated Tue 07/21/2026 2:05:12 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group 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.



Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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