# 161 Main Street, Newport, ME 04953

> **TL;DR:** commercial, $2,200,000 ($210/sqft), built 1900, 10,500 sqft. Est. $9,533/mo. Listed 228 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,200,000 |
| Price/sqft | $210 |
| Square Feet | 10,500 |
| Year Built | 1900 |
| Lot Size | 23,087 sqft (0.53 acres) |
| Property Type | Commercial (Business) |
| Status | For Sale |
| Days on Market | 228 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,533 |
| **Total** | **$9,533** |

## Property Highlights

- Built in 1900
- 0.53 acre lot

## Description

### Agent Description
Unlock the potential of this Commercial property Renovations have started but aren't completed on this 11-unit apartment building property in the heart of Newport. Perfect for  investors looking for an opportunity with much of the major work already done.Key Features & Improvements:New roof, windows, and electrical entrances.Upgraded electrical systems.New boiler and substantial plumbing work completed.Sprinkler system already installed.Generous off-street parking.With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units.Endless Potential: Five units with  1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath.Don't miss this chance to capitalize on a project with strong bones and serious potential.

## Location

- **Address:** 161 Main Street, Newport, ME 04953
- **County:** Penobscot
- **Coordinates:** 44.835143, -69.273611
- **Google Maps:** https://www.google.com/maps?q=44.835143,-69.273611

## Listing Agent

- **Name:** Melissa Bartlett
- **Brokerage:** Bangor, Maine
- **Phone:** 2079426711
- **Email:** melissabartlett@masiello.com

## Primary Photo

![161 Main Street - Primary Photo](http://lh.rdcpix.com/3360f111012f264d0e66f27cd54d1c1cl-f2542251721r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/161-main-street-newport-me-04953-82196227)*

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**MLS#:** 1640973 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/161-main-street-newport-me-04953-82196227)

---

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