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13-17 Main St 37,382 SF 100% Leased Retail Building Gray, ME 04039 $6,500,000 ($173.88/SF) 7.50% Cap Rate

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EXECUTIVE SUMMARY

Fully renovated and 100% occupied multi use strip mall. 15 Retail/office spaces on floor 1. 8 apartments and 6 offices on second floor.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
37,382 SF
Building Class
C
Year Built
1985
Price
$6,500,000
Price Per SF
$173.88
Cap Rate
7.50%
NOI
$487,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.33
Lot Size
2.59 AC
Zoning
VILLAG
Parking
200 Spaces (5.35 Spaces per 1,000 SF Leased)
Frontage
307’ on Main St

AMENITIES

  • Pylon Sign

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • First Impressions
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
First Impressions Retailer - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • GRAY-000035-000402-000054
  • GRAY-000043-000402-000053
Land Assessment
$252,300
Improvements Assessment
$2,489,300
Total Assessment
$2,741,600
  • Listing ID: 38579423

  • Date on Market: 11/26/2025

  • Last Updated:

  • Address: 13-17 Main St, Gray, ME 04039

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