860 Main St - Medical FOR SALE


Sanford, ME 04073
$985,000 USD
207-899-7373
860 Main St, Sanford, ME for Sale
$985,000 USD
Medical - FOR SALE
1/11
null | Request Cap Rate

860 Main St
Sanford, ME 04073


HIGHLIGHTS

  • 100% occupied, 7-unit mixed-use investment
  • Recently renovated
  • Prime Main Street location

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

UB

APN/PARCEL ID

SANF-000031-K000028

ASK ABOUT THIS PROPERTY

Joe AtwoodThe Dunham GroupMore Info
207-899-7373

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Joe AtwoodThe Dunham GroupMore Info
207-899-7373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.