Norway Real Estate

Norway Real Estate

Welcome to Norway, Maine – a charming town nestled in the heart of Oxford County, where picturesque landscapes meet a vibrant community spirit. Known for its stunning natural beauty, Norway is surrounded by lush forests, serene lakes, and rolling hills, making it a haven for outdoor enthusiasts. Whether you enjoy hiking, fishing, or simply taking in the breathtaking views, Norway offers an abundance of recreational activities throughout the year.

The town’s rich history adds to its allure, with beautifully preserved architecture that reflects its 19th-century roots. Stroll through the quaint downtown area, where you’ll find unique shops, delightful cafes, and local art galleries that showcase the talents of the community. Norway is also home to several annual events, including the Norway Arts Festival and the popular Norway Fall Festival, which celebrate the town's culture and bring residents together.

Education and community are at the forefront of Norway’s charm. The town is served by dedicated schools that focus on providing quality education and fostering a strong sense of community among families. With a welcoming atmosphere and friendly neighbors, it’s no wonder that many people choose to call Norway home.

For those looking to invest in a property, Norway offers a range of real estate options, from cozy single-family homes to sprawling estates with stunning views. Embrace the tranquility of rural living while enjoying easy access to nearby cities like Portland and Auburn, making Norway the perfect blend of peaceful retreat and convenient location. Discover the magic of Norway, Maine – where your dream home awaits!

Newest Listings in Norway

306 Main St, Norway
$425,000
Part of what's historically known as the Norway Savings Bank Block, this circa 1894 brick building was designed by George M. Coombs, one of Maine's most prominent architects of the era. It sits in a prime spot right on Main Street in Norway's historic district, across from the post office and surrounded by neighboring banks and businesses. With 12,270 vehicles passing by in a single day (Maine DOT, April 2024) and sidewalks right out front, this is great exposure for any business. Downtown Norway is one of the most charming small towns in western Maine. Main Street is lined with beautiful brick buildings, many built right after the Great Fire of 1894, and it's packed with local restaurants, cafes, shops, a brewery, and the co-op. There's something going on year round, from the Snowshoe Festival in winter to the Norway Arts Festival in July, the Foothills Food Festival, and the holiday parade every fall. If you love the outdoors, Norway Lake, Shepherds Farm Preserve, Roberts Farm Preserve, and plenty of other hikes are all close by. You're also just minutes from the high school, middle school, hospital, and everyday conveniences, with Portland, Auburn, and Bethel an easy drive away. The building has been well maintained. The first floor unit is available and ready to occupy, with an open foyer/waiting area with large tinted windows facing Main Street, a conference room with a built-in desk and shelving, a hallway workspace for filing and printing, 2 offices, a bathroom, and a kitchen. The second floor unit is home to an established tenant and features an open waiting room, 3 office rooms (2 overlooking Main Street), a conference room, storage, a full bath with shower, and a kitchen. A full unfinished basement offers plenty of storage. This is a rare chance to own a piece of Norway's history right on Main Street!

306 Main St, Norway

Listing courtesy of Mahoosuc Realty, Inc..

427 Main St, Norway
$498,500
Prime Main Street Mixed-Use Investment Opportunity in Downtown Norway! Located along the vibrant and historic Main Street in Norway, Maine, 427 Main Street presents an exceptional opportunity to own a beautifully updated mixed-use property in the heart of one of the area's most charming downtown communities. Currently home to Dolce Amici restaurant on the first floor, with two tastefully renovated one-bedroom apartments above, this property offers an appealing combination of commercial and residential space with multiple income-producing possibilities. Surrounded by locally owned shops, restaurants, galleries, and a welcoming downtown atmosphere, this desirable Main Street location offers excellent visibility and convenient access for customers and residents alike. The first-floor commercial space features an inviting restaurant setting with outdoor seating that adds to the charm and energy of downtown Norway. On-site parking further enhances the property's appeal and convenience. Since 2019, the building has benefited from substantial renovations and thoughtful improvements, creating a more modern, efficient, and attractive property while preserving its downtown character. Investments include a new heating system in 2020, updated first-floor windows and flooring, energy-efficient heat pumps, and significant electrical and plumbing upgrades. Both second-floor apartments have been tastefully renovated, offering comfortable and inviting living spaces, while new exterior stairs provide improved access to the residential units. For an investor, the combination of established commercial space and two residential apartments creates an attractive opportunity for diversified rental income. For a restaurant owner or entrepreneur seeking to own their commercial real estate, the property's desirable location, existing restaurant layout, and potential for supplemental apartment income offer a compelling long-term investment.

427 Main St, Norway

Listing courtesy of Portside Real Estate Group.

427 Main St, Norway
$498,500
2 Baths
Prime Main Street Mixed-Use Investment Opportunity in Downtown Norway! Located along the vibrant and historic Main Street in Norway, Maine, 427 Main Street presents an exceptional opportunity to own a beautifully updated mixed-use property in the heart of one of the area's most charming downtown communities. Currently home to Dolce Amici restaurant on the first floor, with two tastefully renovated one-bedroom apartments above, this property offers an appealing combination of commercial and residential space with multiple income-producing possibilities. Surrounded by locally owned shops, restaurants, galleries, and a welcoming downtown atmosphere, this desirable Main Street location offers excellent visibility and convenient access for customers and residents alike. The first-floor commercial space features an inviting restaurant setting with outdoor seating that adds to the charm and energy of downtown Norway. On-site parking further enhances the property's appeal and convenience. Since 2019, the building has benefited from substantial renovations and thoughtful improvements, creating a more modern, efficient, and attractive property while preserving its downtown character. Investments include a new heating system in 2020, updated first-floor windows and flooring, energy-efficient heat pumps, and significant electrical and plumbing upgrades. Both second-floor apartments have been tastefully renovated, offering comfortable and inviting living spaces, while new exterior stairs provide improved access to the residential units. For an investor, the combination of established commercial space and two residential apartments creates an attractive opportunity for diversified rental income. For a restaurant owner or entrepreneur seeking to own their commercial real estate, the property's desirable location, existing restaurant layout, and potential for supplemental apartment income offer a compelling long-term investment.

427 Main St, Norway

Listing courtesy of Portside Real Estate Group.

419 Main St, Norway
$599,900
The Longley Building at 419 Main Street in Norway, Maine represents one of the most compelling small-market redevelopment opportunities in the state. Anchored in the heart of Norway's remarkably intact National Historic District, the property combines architectural significance, modern infrastructure, and substantial on-site parking—an extremely rare combination in a walkable downtown environment. With origins dating back to 1867 and a commercial legacy spanning nearly 150 years, the Longley Building is a designated contributing structure eligible for both Federal (20%) and Maine State Historic Tax Credits (35%-45%). These credits dramatically reshape the project's economics. Based on estimated Qualified Rehabilitation Expenditures, investors can offset 55%-65% of total construction costs, creating a capital stack where equity requirements are fully covered by tax credit proceeds. Few mixed-use projects in Maine offer this level of subsidy, and even fewer are located in a downtown with Norway's architectural integrity and demand profile. The proposed redevelopment plan envisions a vibrant mixed-use asset with 12 modern residential units and a long-standing retail storefront, leveraging the property's historic character while delivering the type of efficient, well-designed housing that Maine's housing market urgently needs. Vacancy rates in the region routinely fall below 3%, and newly built units in walkable village centers command premium rents. The pro forma demonstrates strong performance even under conservative assumptions, with stabilized operations supporting a healthy Debt Service Coverage Ratio and generating durable long-term cash flow. Beyond the numbers, the Longley Building offers something increasingly rare: a chance to invest in a historic downtown that is both culturally significant and economically ascendant. Norway's Main Street is one of the most authentic village centers in western Maine, surrounded by four-season recreation, and a vibrant cultu

419 Main St, Norway

Listing courtesy of Everett Realty Group.

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