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.
An incredible piece of history in a one of kind location. This beautifully maintained building in the heart of Gorham Village provides a unique opportunity for business owners, investors, or a residential conversion. The property features classic New England architecture with a welcoming covered porch, ample natural light, and spacious rooms. The Urban Commercial Zone supports a variety of uses -- from professional offices to mixed-use or residential conversion. An additional 216± SF auxiliary building provides extra workspace or potential rental income, complete with its own restroom, heat pump, and public utilities. The property has high visibility along Elm Street and proximity to Gorham's thriving downtown amenities. Only minutes from Portland, the University of Southern Maine, and all the Gorham village has in store for you.


Gorham is located in Maine. Gorham, Maine has a population of 18,114. Gorham is more family-centric than the surrounding county with 40.19% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Gorham, Maine is $90,446. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Gorham is 36.1 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 8.7 degrees. The average rainfall is approximately 49.6 inches per year, with 73.6 inches of snow per year.