154 Main Street, Bridgton, ME 04009
COMMERCIAL - Bridgton, ME
- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 154 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- DowntownVillageBiz1
- Parking features
- On Street, Off Street
- Interior features
- Storage
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 1,995 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4096
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 2007
- Number of units
- 1
- Flooring type
- Carpet, Tile
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Lisa Church (207) 329-3429
Listing office Keller Williams Coastal and Lakes & Mountains Realty 750 Lafayette Road Suite 201, Portsmouth, ME (603) 610-8500
Listing date Jun 22, 2026
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.
HighLights
- Commercial building in Bridgton, Maine, built in 2007
- Fully occupied by Saco Bay Orthopedic & Sports Physical Therapy under a Modified Gross lease
- Lease extended through December 2029 (long‑term commitment by the tenant)
- Lease includes cost of living increases, supporting contractual rent growth
- Located on Main Street across from Renys
- Public utilities: public water and public sewer; electric heat with heat pump cooling
Overview
The property is located at 154 Main Street in Bridgton, Maine, within the DowntownVillageBiz1 zoning district. Public remarks indicate the location is on Main Street across from Renys, placing the building on a primary commercial corridor serving both year-round residents and seasonal visitors.
For a buyer or healthcare-focused investor, the practical appeal here is the combination of an all-building occupancy situation and a long-term tenant relationship extending through late 2029. With cost of living increases described as part of the lease, the property is presented as a long-term healthcare lease investment rather than a repositioning scenario. This asset may also be considered alongside a second property mentioned in the remarks that is leased to the same tenant.
Local Financial Insights For Healthcare Medical
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 | $53.9k | $27.00 |
| − Vacancy | −$5.4k | −$2.72 |
| EGI | $48.4k | $24.28 |
| − OpEx | −$19.4k | −$9.71 |
| NOI | $29.1k | $14.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bridgton
- County
- Cumberland
- State
- Maine
- Longitude
- -70.7077597
- Latitude
- 44.0546726
