Welcome to Just-A-Mere Farm in New Gloucester, where your investment aspirations can become a reality! This remarkable property features a partially renovated farmhouse dating back to the 1890s, an attached four-story barn, a heated garage with a workshop, and approximately 2.21 acres of picturesque grounds. Situated in a commercial/residential zone, the property presents numerous opportunities, including the potential to add an accessory dwelling unit (ADU) of up to 750 square feet. The farmhouse comprises three bedrooms and two and a half bathrooms, along with first-floor laundry facilities and an open-concept kitchen, dining, and living area. Additionally, it boasts a versatile 'bonus room' with its own exterior entrance, making it an ideal space for a small business operation. The home offers excellent rental potential and is perfectly positioned for any organization seeking innovative housing solutions. The attached four-story barn provides limitless possibilities, ranging from a charming rustic event space to a revitalized hobby farm that could include a gift shop, woodshop, and storage area. The spacious heated garage features extra bonus space on either side, which could easily be converted into an office for any business activities conducted on-site. Conveniently located just five minutes from the Auburn exit off Interstate 95 and less than 15 minutes from the Gray exit and Pineland Farms, the property is within 20-40 minutes of local hospitals in Lewiston, Auburn, Norway, and Portland. Schedule your showing today!