Dual Commercial/Residential Zoned Waterfront Property on Main St in Norway Maine!
Located between Main Street on the front of the property and the Little Androscoggin River at the rear this property originally hosted a single-family farmhouse that has since been converted into five units, consisting of four residential and one commercial first floor business space. This property is being sold as is and has potential for excellent redevelopment opportunity that includes generous parking space and a large backyard with access to the river while being conveniently located across the street from the hospital and a short walk or drive from several local schools, businesses, and other amenities. One could easily imagine the property being redeveloped to host luxury waterfront apartments, Main Street commercial offices and storefronts for the area's growing number of businesses, both options, or an entirely unique vision. Regardless of what you decide the potential for development is high in one of Western Maine's most steadily growing towns!
Active
Price cut: $35K (8/17)
$200,000
168 Main Street, Norway, ME 04268
9beds
2,852sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
Waterfront propertyGenerous parking space
- 52 days |
- 603 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Allied Realty
Source: Maine Listings,MLS#: 1669990
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Features
- Flooring: Wood
- Basement: Exterior Entry,Interior Entry,Dirt Floor,Brick/Mortar
Interior area
- Total structure area: 2,852
- Total interior livable area: 2,852 sqft
- Finished area above ground: 2,852
- Finished area below ground: 0
Property
Parking
- Parking features: Common, 5 - 10 Spaces
Features
- Levels: Multi/Split
- On waterfront: Yes
- Body of water: Pennesseewassee Lake
- Frontage length: Waterfrontage: 75,Waterfrontage Owned: 75
Lot
- Size: 0.49 Acres
- Features: Business District, City Lot, Sidewalks
Details
- Parcel number: NORYM029L030
- Zoning: Residential, Commerc
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Membrane
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Norway
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $288,408
- Annual tax amount: $5,890
- Date on market: 7/2/2026
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $200,000-14.9%$70/sqft |
Source: | ||
| 7/27/2026 | Price change | $235,000-6%$82/sqft |
Source: | ||
| 7/2/2026 | Listed for sale | $250,000+25.6%$88/sqft |
Source: | ||
| 9/27/2021 | Listing removed | -- |
Source: | ||
| 6/1/2021 | Price change | $199,000-7.4%$70/sqft |
Source: | ||
| 4/16/2021 | Price change | $215,000-10.4%$75/sqft |
Source: | ||
| 3/30/2021 | Listed for sale | $240,000+220%$84/sqft |
Source: | ||
| 12/15/2012 | Listing removed | $75,000$26/sqft |
Source: The Real Estate Book #1071215 Report a problem | ||
| 10/11/2012 | Listed for sale | $75,000$26/sqft |
Source: The Real Estate Book #1071215 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,139 +21.2% | $288,408 +0% |
| 2023 | $4,239 +4.3% | $288,400 |
| 2022 | $4,066 +2.9% | $288,400 +27.3% |
| 2021 | $3,952 +179.7% | $226,500 +181.4% |
| 2020 | $1,413 | $80,500 |
| 2019 | $1,413 -37.3% | $80,500 -38.6% |
| 2018 | $2,255 | $131,100 |
| 2017 | $2,255 +8.2% | $131,100 |
| 2015 | $2,084 +8.1% | $131,100 |
| 2013 | $1,927 +2.1% | $131,100 |
| 2012 | $1,888 +6.6% | $131,100 +0.7% |
| 2011 | $1,771 | $130,200 |
| 2009 | -- | $130,200 +35.6% |
| 2006 | -- | $96,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 04268
Nearby schools
GreatSchools rating
- 2/10Guy E Rowe SchoolGrades: PK-6Distance: 0.3 mi
- 2/10Oxford Hills Middle SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Oxford Hills Comprehensive High SchoolGrades: 9-12Distance: 0.4 mi
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