Two-Story Office
1087 Main St Sanford, ME 04073
For Sale
Contact for pricing
Two-story standalone office offering a reception area, five private offices, and one restroom with on-site parking and a detached two-car garage.
Property Size1,095 SF
Price / SF$410.87
Days on Market14
Property Features for 1087 Main St
General Information
Standard status
Active
Size
1,095 SF
Property subtype
OFFICE
Listing Agency:
Town Square Realty Group
(207) 651-7654
Listed By:
Ann Lapierre
(207) 651-7654
Source:
Moodyscre
Added: Jul 16
Changed: Jul 27
Last Checked: Jul 27 at 7:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town Square Realty Group
Investment Insights
Based on property information with market context.
This two-story standalone office building is designed for a small, professional team. The interior includes a welcoming reception area, five private offices, and one restroom. The property has been updated with accessibility features.
The building offers a spacious parking lot for convenient arrivals, along with a detached two-car garage for additional covered parking or storage.
With its current layout of reception, multiple private offices, and restroom, the space is well-suited for an office user seeking a compact footprint within a standalone facility.
The building offers a spacious parking lot for convenient arrivals, along with a detached two-car garage for additional covered parking or storage.
With its current layout of reception, multiple private offices, and restroom, the space is well-suited for an office user seeking a compact footprint within a standalone facility.
Key Highlights
- Two‑story standalone office with a welcoming reception area and five private offices
- Includes one restroom
- Updated with accessibility features
Financial Insights For Office B
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 | $27.3k | $24.96 |
| − Vacancy | −$3.4k | −$3.12 |
| EGI | $23.9k | $21.84 |
| − OpEx | −$6.0k | −$5.46 |
| NOI | $17.9k | $16.38 |
1,095 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$256.2K
$224.2K – $298.9K
NOI $17,936 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$347.1K
$303.7K – $405.0K
NOI $24,298 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-story standalone office offering a reception area, five private offices, and one restroom with on-site parking and a detached two-car garage.
Where is this office building located?
The property is located at 1087 Main St Sanford, ME.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑story standalone office with a welcoming reception area and five private offices; Includes one restroom; Updated with accessibility features
