Stand-Alone Office
1087 Main Street Sanford, ME 04073
New
1087 Main Street, Sanford, ME, 04073
$449,900
For Sale
$449,900
COMMERCIAL - Sanford, ME
Property Size1,095 SF
Lot Size0.33 Acres
Price / SF$410.87
Days on Market1
Property Features for 1087 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Urban
- Rooms
- Basement
- Basement
- Full, Unfinished
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 1,095 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 3666
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Oil
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1922
- Number of units
- 1
- Flooring type
- Carpet, Vinyl, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Composition
Listing Agency
Town Square Realty Group
(207) 324-2860
883 Main Street Ste 5 & 6, Sanford, ME
Listed by
Brian Toth
(207) 432-6198
Added: Jul 16 Checked: Jul 16 at 10:06 pm
MLS# 1672234
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 stand-alone office building is designed for a small office setup, with a welcoming reception area, five private offices, and one restroom. The building has been updated with accessibility features to support convenient use.
Located on Main Street with visibility, the property also includes a spacious parking lot. A detached two-car garage provides additional on-site parking or storage options.
The offering is suited to office tenants seeking a compact, self-contained footprint with dedicated parking and an efficient internal layout.
Located on Main Street with visibility, the property also includes a spacious parking lot. A detached two-car garage provides additional on-site parking or storage options.
The offering is suited to office tenants seeking a compact, self-contained footprint with dedicated parking and an efficient internal layout.
Key Highlights
- Standalone building built in 1922 with wood frame construction and vinyl siding
- Interior layout includes a reception area, 5 private offices, basement area, and 1 restroom
- Updated accessibility with an accessible approach and ramp
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Curley Associates
Insurance Agency
Curley Associates: Chambers ...
Insurance Agency
Gagnon Lee-Ann
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Standalone office building with reception, five private offices, a restroom, and accessible updates plus parking lot and detached garage.
Where is this office building located?
The property is located at 1087 Main Street 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: Standalone building built in 1922 with wood frame construction and vinyl siding; Interior layout includes a reception area, 5 private offices, basement area, and 1 restroom; Updated accessibility with an accessible approach and ramp
