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Sanford Commercial Building For Sale

1306 Main Street Sanford, ME 04073

Claim this Listing
For Sale
$1,180,000

COMMERCIAL - Sanford, ME

Type:Retail
Property size:
7,288 SF
Lot size:
1.98 Acres
Price / SF:
$161/SF
Added:
Jun 4, 2026
Days on Market:
37
Last Refresh:
Jul 10 at 5:06 pm

Property Features for 1306 Main Street

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
U
Parking features
Off Street
Interior features
Storage
Standard status
Active
Size
7,288 SF
Lot size
1.98 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
8064

Utilities

Sewer type
Septic Tank
Heating system
Forced Air, Kerosene
Water source
Public

Building Details

Year built
1979
Flooring type
Concrete
Building materials
Wood Frame, Wood Siding
Roof type
Shingle
Additional Structures
Storage

Listing agent Roslind Anton

Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME

Listing date Jun 4, 2026

MLS# 1615103

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial building in Sanford, Maine, offers a total of 7288 square feet. It includes 1200 square feet of retail space and approximately 3200 square feet of flexible, heated space featuring 12-foot ceilings, a forced hot air (FHA) system, a washing bay, and overhead doors. In 2004, the owner added 2000 square feet of cold storage space with a 1068 square foot mezzanine. The property is situated on a 1.98-acre lot and provides paved parking for over 20 cars. The location offers good visibility and signage, and is located across from Otto's pizza and near the new location for Chase Bank. The property is zoned U.

Key Highlights

  • Total building size: 7,288 SF, with 1,200 SF retail space and 3,200+/- SF flexible heated space with 12' ceilings
  • Includes 2,000 SF cold storage plus 1,068 SF mezzanine added in 2004
  • FHA heating system and forced air heat

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $138.2k $18.96
− Vacancy −$11.7k −$1.61
EGI $126.4k $17.35
− OpEx −$37.9k −$5.20
NOI $88.5k $12.14
7,288 SF · lease $18.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.26M
$1.11M – $1.48M (±1% cap)
NOI $88,505 @ 7.0% cap · market cap 7.50%
Second Best
no second resolved use
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M (±1% cap)
NOI $161,718 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Taylor Rental (Bike/Boat/Book/etc) Store U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store Bakery Big Box & Wholesale Store HVAC Service Barber Shop Computer & Electronic Repair Home Appliance Store Plumbing Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - 7288 SF commercial building with retail and storage space.
Where is this retail space located?
The property is located at 1306 Main Street Sanford, ME.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Total building size: 7,288 SF, with 1,200 SF retail space and 3,200+/- SF flexible heated space with 12' ceilings; Includes 2,000 SF cold storage plus 1,068 SF mezzanine added in 2004; FHA heating system and forced air heat
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