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Pending
  • $89,000

    508 S Main Street, Brewer, ME 04412

    4beds
    2,656sqft
    : 
    $648/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $85,600 Zestimate®
    $34/sqft
    $-- HOA

    What's special

    Mature lilac trees
    Calling all investors, developers, and visionaries! This rare in-town opportunity offers incredible potential in a highly desirable location with outstanding access shopping, restaurants, schools, parks and other everyday amenities. Situated on a generous .24 -acre lot, this property currently features a two-unit apartment building with the potential for conversion to a three-unit property, subject to approval by the city and planning board. The structure sustained significant damage in a recent fire and require extensive rehabilitation or redevelopment, making it an ideal project for those looking to restore, reimagine, or build value form the ground up. Outside, you'll find a beautiful setting with established perennial gardens, mature lilac trees, and a storage shed that add charm and character to the property. Whether you're seeking your next renovation project, an investment opportunity, or a potential multi-unit redevelopment in a prime location, this property offers exceptional possibilities for the right buyer. Bring your vision and explore the potential this unique in-town property has to offer. Being sold as is. *Due to current condition, property is unable to be viewed from the inside.*
    41 days
    |
    29
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Experience

    Source: Maine Listings,MLS#: 1670643MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      Heating
      • Baseboard, Hot Water, Zoned
      Cooling
      • None
      Features
      • 1st Floor Bedroom, Attic, Bathtub, Shower, Storage
      • Flooring: Carpet, Vinyl, Wood
      • Basement: Interior Entry,Walk-Out Access,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,656
      • Total interior livable area: 2,656 sqft
      • Finished area above ground: 2,656
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 5 - 10 Spaces
      Features
      • Stories: 3
      • Patio & porch: Deck, Porch
      Lot
      • Size: 10,454 Square Feet
      • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Level, Open Lot, Sidewalks, Landscaped
      Details
      • Additional structures: Shed(s)
      • Parcel number: BRERM22L14
      • Zoning: CB

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial,Federal
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Pitched,Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Brewer

      Financial & listing details

      • Price per square foot: $34/sqft
      • Tax assessed value: $200,500
      • Annual tax amount: $3,805
      • Date on market: 7/7/2026
      • Listing terms: Cash
      • Road surface type: Paved

        Estimated market value

        $85,600

        $80,000 - $90,000

        $1,701/mo

        Price history

        DateEventPrice
        7/18/2026Pending sale$89,000$34/sqft
        Source: Maine Listings #1670643 Report a problem
        7/7/2026Listed for sale$89,000-68.9%$34/sqft
        Source: Maine Listings #1670643 Report a problem
        12/4/2025Sold$286,000+14.4%$108/sqft
        Source: Maine Listings #1632875 Report a problem
        10/27/2025Contingent$249,900$94/sqft
        Source: Maine Listings #1632875 Report a problem
        10/21/2025Listed for sale$249,900$94/sqft
        Source: Maine Listings #1632875 Report a problem
        10/10/2025Contingent$249,900$94/sqft
        Source: Maine Listings #1632875 Report a problem
        10/8/2025Listed for sale$249,900-3.8%$94/sqft
        Source: Maine Listings #1632875 Report a problem
        8/22/2025Contingent$259,900$98/sqft
        Source: Maine Listings #1632875 Report a problem
        8/4/2025Listed for sale$259,900$98/sqft
        Source: Maine Listings #1632875 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,769 +1.9%$200,500 +9%
        2023$3,698 +24.2%$184,000 +40.6%
        2022$2,978 $130,900
        2021$2,978 $130,900
        2020$2,978 +23.6%$130,900 +2.3%
        2019$2,409 -2.9%$127,900
        2018$2,481 -13.8%$127,900
        2017$2,878 +4.6%$127,900
        2016$2,752 +8.5%$127,900
        2015$2,537 -5.2%$127,900
        2014$2,676 -2.5%$127,900 -2.5%
        2013$2,745 +10.2%$131,200
        2012$2,491 $131,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 04412

        Getting around

        38 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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