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    1247 Main St Sanford, ME 04073

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    For Sale
    $5,500,000

    98,282 +/- SF retail plaza in Sanford, Maine.

    Property size:
    93,000 SF
    Lot size:
    10.85 Acres

    Property Features for 1247 Main St

    General Information

    Size
    93,000 SF
    Lot size
    10.85 Acres

    Source: Porta & Company Agent Mackenzie Simpson

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

    Overview

    Established Retail Plaza For Sale

    Sanford Plaza is a 98,282 +/- square-foot retail shopping plaza situated along Main Street (Route 109), a primary commercial corridor in Sanford, Maine. The plaza benefits from visibility, access, and a high-traffic location in one of southern Maine’s fastest-growing communities. This retail asset offers tenants, long-term income security via inline and ground leases, and future upside potential in a growing market. It is suitable for investors seeking immediate cash flow and durable retail tenancy in a supply-constrained regional market. The property size is 93,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marden's Inc. Discount Store Aroma Joe’s Coffee Shop Knuckle Up Cycles, ... Motorcycle Repair Shop Bank of America ATM ... Atm New England Hydroponics Hydroponics Equipment Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Center For Shopping, Coinme at Coinstar - Bitcoin Kiosk, Coinstar Kiosk - Bitcoin ATM, Sanford Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    York
    State
    Maine
    Longitude
    -70.7571727
    Latitude
    43.4185521

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    FAQs

    What type of property is this?
    Shopping center - 98,282 +/- SF retail plaza in Sanford, Maine.
    Where is this shopping center located?
    The property is located at 1247 Main St Sanford, ME.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Stabilized retail asset with strong tenants for long-term income.; - Located on Main Street (Route 109), a primary commercial corridor with high traffic.; - Positioned in Sanford, Maine, one of southern Maine’s fastest-growing communities.
    (207) 310-0221
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    1247 Main 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
    1247 Main St Sanford, ME 04073
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