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