Positioned on the shores of beautiful Sokokis Lake in the heart of Limerick, this rare mixed-use opportunity offers the perfect blend of lifestyle, income, and future potential. Zoned business/residential, this versatile lakefront property features two fully occupied rental units along with an established on-site laundromat creating multiple streams of revenue in a highly visible, prime location. The property has seen extensive updates throughout, including newer windows and doors, updated electrical panels and wiring, and on-demand tankless hot water systems. The roof has been replaced in phases, with half completed approximately three years ago and the remaining portion several years prior offering peace of mind for years to come. Unit A (Upper Front) is a thoughtfully designed studio, completely renovated approximately four years ago with all-new finishes at the time. Unit B (Lower Rear) was recently refreshed (July-Sept 2025) and features new flooring throughout, updated plumbing, a new stove, fresh paint, and replacement windows. Both units include dimmable lighting, adding a modern touch and enhanced comfort. The laundromat provides steady income and includes a utility room housing independent systems for heat, hot water, and security. There is also flexibility to expand--whether growing the laundromat operation or increasing residential space-- with approximately 30% expansion potential available under current zoning. Set on deep water frontage, the property boasts a private dock, swim area, and small beach access point--perfect for enjoying Maine summers. Spectacular lake views enhance both tenant appeal and owner enjoyment. Conveniently located within walking distance to local amenities--including dining, coffee shops, and more. This property combines small-town charm with everyday accessibility. Whether you're an investor seeking strong income potential or an owner-occupant looking to live and work by the water, this unique property delivers on all fronts.
Active
$650,000
8 Emery Corner Road, Limerick, ME 04048
2beds
2,064sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$315/sqft
$-- HOA
What's special
Versatile lakefront propertyDimmable lightingSpectacular lake viewsNew stoveSmall beach access pointSwim areaNew flooring throughout
- 2 days |
- 226 |
- 2 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 26, 2026 at 05:28pm
Listed by:
Coldwell Banker Realty 207-282-5988
Source: Maine Listings,MLS#: 1655282
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Direct Vent Heater, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Exterior Entry
Interior area
- Total structure area: 2,064
- Total interior livable area: 2,064 sqft
- Finished area above ground: 1,224
- Finished area below ground: 840
Property
Features
- Has view: Yes
- View description: Scenic
- Body of water: Sokokis Lake
- Frontage length: Waterfrontage: 220,Waterfrontage Owned: 220
Lot
- Size: 0.3 Acres
Details
- Zoning: Village
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Ranch
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1950
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Limerick
Financial & listing details
- Price per square foot: $315/sqft
- Annual tax amount: $4,014
- Date on market: 3/25/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,524/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $650,000+136.4%$315/sqft |
Source: | ||
| 7/21/2008 | Listing removed | $275,000$133/sqft |
Source: NCI #857202 Report a problem | ||
| 7/20/2008 | Listed for sale | $275,000$133/sqft |
Source: NCI #857202 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,749/mo
Principal & interest
$3278
Property taxes
$471
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Climate risks
Neighborhood: 04048
Nearby schools
GreatSchools rating
- 5/10Line Elementary SchoolGrades: PK-5Distance: 4 mi
- 6/10Massabesic Middle SchoolGrades: 6-8Distance: 9.2 mi
- 4/10Massabesic High SchoolGrades: 9-12Distance: 11.6 mi
Local experts in 04048
- Maine
- York County
- Limerick
- 04048
- 8 Emery Corner Road






