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860 Main St
Sanford, ME 04073
Office Property For Sale
Investment Highlights
- 100% occupied, 7-unit mixed-use investment
- Prime Main Street location
- Recently renovated
Executive Summary
Fully occupied investment opportunity featuring a well-maintained 6,240± SF mixed-use building on 0.15± acres in downtown Sanford. The property consists of three first-floor commercial suites and four second-floor residential apartments, providing a diverse and stable income stream. Recently remodeled, the building features updated finishes including durable epoxy flooring and is complemented by 12 paved and striped on-site parking spaces. Ideally situated on Main Street, the property enjoys excellent visibility, convenient access to local businesses, restaurants, and services, and is just minutes from Route 109 and Route 4. An excellent turnkey investment with strong occupancy and minimal capital improvement needs.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
6,240 SF
Building Class
B
Year Built
1950
Price
$1,100,000
Price Per SF
$176.28
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,120 SF
Slab To Slab
9’
Building FAR
0.96
Lot Size
0.15 AC
Zoning
UB - Urban Business- which includes a wide variety of business uses including office, medical and retail!
Parking
12 Spaces (1.92 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | SANF-000031-K000028 | Improvements Assessment | $338,200 |
| Land Assessment | $73,000 | Total Assessment | $411,200 |
Property Taxes
Parcel Number
SANF-000031-K000028
Land Assessment
$73,000
Improvements Assessment
$338,200
Total Assessment
$411,200
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