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14 School Street, Gorham, ME 04038

Cumberland County

Key Facts

2,632Sq Ft
1805Year Built
0.16Lot (acres)

Description

Exceptional investment opportunity in the heart of Gorham! Located at 14 School Street, this historic mixed-use building features three income-producing units, including two residential apartments and one commercial space, with mostly long-term tenants already in place. Situated within the desirable GVC (Gorham Village Center) zoning district, this property offers both immediate cash flow and future potential. Positioned just steps from the University of Southern Maine campus, local restaurants, shops, and village amenities, tenants enjoy the convenience of a highly walkable location. The property also offers valuable off-street parking, a sought-after feature in the village area. Whether you're looking to expand your investment portfolio, owner-occupy one of the spaces, or capitalize on the flexibility offered by mixed-use zoning, this well-maintained historic property presents a rare opportunity in one of Southern Maine's most desirable communities.

Property Information

Property Type

Commercial Sale

Sub-Type

Mixed Use

Year Built

1805

Living Area

2,632 sq ft

Lot Size

0.16 acres

Zoning

GVC

MLS® Listing#

1665570

Property Features

Parking

Off Street

Financial Details

HOA

None

Annual Taxes

$8,884

Tax year 2025

Affordability Calculator

$236,000

Estimated monthly payment

$6,280/mo

Principal $944,000 · Est. interest $1,316,964 over 30 yrs

Location

Map showing the location of 14 School Street, Gorham, ME 04038

Points of Interest in Gorham, ME

Showing the Gorham area map.

Nearby Schools

  • Village Elementary School

    Elementary · 0.3 mi away

  • Gorham High School

    Secondary · 0.4 mi away

  • Watch US Grow Preschool

    School · 0.9 mi away

  • Narragansett Elementary School

    Elementary · 0.9 mi away

  • Gorham Middle School

    Secondary · 1.0 mi away

  • Saccarappa School

    Elementary · 3.4 mi away

  • Great Falls Elementary School

    Elementary · 3.8 mi away

  • Congin School

    Elementary · 4.2 mi away

  • Wescott Junior High School

    Secondary · 4.2 mi away

  • Canal School

    Elementary · 4.4 mi away

  • Westbrook High School

    Secondary · 4.5 mi away

  • Westbrook Regional Vocational Center

    School · 4.5 mi away

  • Westbrook Middle School

    Secondary · 4.9 mi away

  • The Little Dolphin School Foundation

    School · 5.2 mi away

  • Buxton Center Elementary School

    Elementary · 5.3 mi away

  • Hanson Elementary School

    Elementary · 5.4 mi away

  • Kountry Kids Day Care & Nursery School

    Elementary · 5.5 mi away

  • Prides Corner School

    School · 5.7 mi away

  • Creative Beginnings Childcare Ctr

    School · 6.2 mi away

  • Fred P Hall School

    Elementary · 6.3 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
296 Main Street, Gorham, ME$850,000533,320
114 Harding Bridge Road, Gorham, ME$895,000432,702
16 Apple Lane, Gorham, ME$975,000443,908
91 South Street, Gorham, ME$1,195,00076,379
91 South Street, Gorham, ME$1,195,0005,038
84 Johnson Road, Gorham, ME$1,249,00077,184

Moving Cost Estimate

EXIT Agents in Gorham

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Listing data is derived in whole or in part from the Maine IDX and 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MREISIDX. MLS® Listing#1665570. © 2026EXIT Realty®. All rights reserved.