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Discover the incredible potential of 340 Main Road in Passadumkeag"”a unique commercial property offering a rare combination of business opportunity, rental income, and beautiful riverfront land. Situated on 15.5± acres with frontage on the scenic Penobscot River, this property opens the door to a wide range of possibilities"”from a hospitality business to residential development, outdoor recreation enterprise, or a live/work retreat. The main building previously operated as a successful general store and lunch counter. Though no longer operational, the space is ready to be reimagined"”endless opportunities with proper approvals. Upstairs, you'll find two well-maintained apartments, a cozy 1-bedroom and a spacious 3-bedroom with an enclosed porch, both with excellent rental histories, offering immediate income potential. In addition to the main building, the property features two fully equipped riverfront cabins, each offering a kitchenette, full bath, full-size beds, flat screen TV, internet, and heat for year-round use. A shared bathhouse with laundry provides added convenience for guests. There are also five full hook-up RV sites, tucked into the woods along the riverbank, ideal for travelers seeking a true Maine adventure. Outdoor enthusiasts will love the outstanding recreational opportunities. The Penobscot River offers excellent fishing and kayaking, right from your doorstep. The surrounding area is known for its great hunting, making this a destination for sportsmen and nature lovers alike. Whether you're an investor, entrepreneur, or visionary looking to create a riverside retreat, outdoor-focused business, or mixed-use development, 340 Main Road delivers endless opportunities in a truly special setting.
Property Type(s):
Commercial
| Last Updated | 10/2/2025 | Year Built | 1984 |
|---|---|---|---|
| County | Penobscot |
Additional Details
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | Forced Air, Heat Pump, Other |
| LOT | 15.5 acre(s) |
| LOT DESCRIPTION | Waterfront |
| MLS STATUS | Active |
| SEWER | Septic Tank, Private Sewer |
| TAXES | 5585 |
| WATER | Well, Private |
| WATERFRONT | Yes |
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Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2025 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2025.
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