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    292 Main St Saco, ME 04072

    Sponsored
    For Sale
    $385,000

    Prime Downtown Location, 1288 sq ft

    Property size:
    1,288 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1,288 square foot commercial property at 292 Main Street, Saco, ME, presents a rare investment opportunity. Located in a vibrant downtown district, this vacant, single-level building boasts a newly installed roof and is ready for immediate occupancy. Its prime location, nestled between Bangor Savings Bank and Sweets & Co. bakery, ensures high foot traffic and visibility. Ample street parking is readily available. The property's 0.05-acre lot offers convenient access and is situated off US-Route 1, providing excellent exposure. Its proximity to the bustling downtown Biddeford area and easy access to I-95 and the Amtrak train station further enhance its appeal. The versatile space is ideal for a variety of uses, including but not limited to: yoga studio, dance studio, art studio, office space, retail shop, hair/nail salon, or a food-related business that could complement the neighboring cafe. This turnkey property offers an unparalleled chance to establish a thriving business in a rapidly growing area, capitalizing on Maine's anticipated 2025 tourism season. Don't miss this chance to own a piece of Saco's thriving commercial landscape. The asking price is $385,000.

    Property Features for 292 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,288 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1923
    Property Profile Location Intelligence

    Current Use by Public Records

    Platinum Pawn & Jewelry Pawn Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.44523
    Latitude
    43.49881

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Location, 1288 sq ft
    Where is this commercial real estate located?
    The property is located at 292 Main St Saco, ME.
    What is the asking price?
    The asking price for this property is $385,000.
    (888) 439-8743
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    292 Main St Saco, ME 04072
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