The Future of Freeport

0 Depot Street (pictured above) & 45 Depot Street in Freeport are listed for sale

It’s no question that Freeport is one of the most visited places in Maine. L.L. Bean flagship in Freeport is the second most visited attraction in the state behind the ever so popular Acadia National Park. However, with brick-and-mortar retail struggling, especially post pandemic, Freeport needs a new wave of change. Freeport Chamber of Commerce executive director Tawni Whitney and the Downtown Visioning Leadership Team are looking to execute this change. Whitney states, “Many of the towns the consultant groups are dealing with have lost their one main industry, like when a mill closes down, and they’ve got to start from scratch. For us, we have a well-appointed Main Street, we’ve got a great reputation, we have lots of natural resources, and we have a great school system.”

The key to the proposed plan is to bring housing and locally owned businesses back to Main Street. Parking is also on their radar. Current residents are in support of housing, but hope that the proposed apartment buildings have enough parking associated with them. “If you want a vibrant downtown, you have to have downtown living,” Whitney says. “It’s extremely exciting to think about that coming back.” More people living in the center of town would be great for local businesses with the consistency of business year round, and not just tourist season.

MCB has some exciting opportunities in Freeport, including a residential redevelopment site that is on a 1.11± AC lot with a parking lot and a 1,440± SF rental property. For more information about this opportunity, contact Mark Malone!

Click HERE to view this listing.

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