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    61 Washington St Sanford, ME 04073

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    For Lease
    $13 SF/Yr ($4,604 /Mo)

    First floor commercial space in a renovated historic mill building.

    Property size:
    4,250 SF
    Lot size:
    0.87 Acres

    Property Features for 61 Washington St

    General Information

    Size
    4,250 SF
    Lot size
    0.87 Acres

    Source: Roxane Cole Commercial Real Estate, LLC Agent Roxane A. Cole

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mill Building Commercial Space

    This first-floor commercial space is located in a renovated historic mill building overlooking the Mousam River in downtown Sanford. The space is currently configured as a restaurant but is suitable for a variety of uses, including office or coworking spaces, medical or wellness use, retail, cafes, breweries, bakeries, and coffee shops. The space features classic brick walls, oversized windows, wooden columns, and a charming outdoor courtyard, blending industrial design with modern, rustic charm. The building also has 100% occupancy of 43 mixed-income apartments and is within walking distance of downtown Sanford. The owners are ready to collaborate with tenants to design a custom layout that aligns with their business vision. The property has a size of 4250 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sanford Mill Apartments Apartment Building Rand & Co. House ... Beauty Salon Kailee Hudson Aesthetics Spa Ginger Roberts Massage Therapist Great Bay Services Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    York
    State
    Maine
    Longitude
    -70.7733391
    Latitude
    43.4406598

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    FAQs

    What type of property is this?
    Retail space - First floor commercial space in a renovated historic mill building.
    Where is this retail space located?
    The property is located at 61 Washington St Sanford, ME.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Custom layout design collaboration with owners.; - Ideal for diverse uses: office, retail, medical, restaurant, etc.; - Located in a high-quality rehab of a historic mill building.
    (207) 653-6702
    Request Owner's contact information
    61 Washington St Sanford, ME 04073
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    Sanford, ME 04073
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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
    61 Washington St Sanford, ME 04073
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