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Multi-Tenant Office Building
For Sale
$1,200,000

895 Portland Road, Saco, ME 04072

Two tenants currently occupy this professional office property.

Property Size6,770 SF
Price / SF$177.25
Days on Market1123

Property Features for 895 Portland Road

General Information

Standard status Active
Size 6,770 SF
Property subtype Commercial
Zoning PR

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $12,638

Building Details

Building Size 6,770 SF
Year Built 1850
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Realty
Listed By: Kirk Butterfield · License #MAINEBR918896
Source: Patryfamilyrealty
Added: Oct 6, 2023 Changed: Oct 31 Last Checked: Oct 31 at 3:42AM

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 Keller Williams Realty

Rey
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Investment Insights

Based on property information with market context.

This office building was constructed in 1850 and is currently occupied by two tenants. The property retains elements of the historic Cornforth House character and carries PR zoning.

The building is on the Route One corridor in Saco, approximately 3 miles from Maine Turnpike Exit 36 and about 20 minutes from the Old Port.

Key Highlights

  • Two tenants currently occupy the office building
  • Located along the Route One corridor in Saco
  • Approximately 3 miles from Maine Turnpike Exit 36

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Holly Knotowicz Physician Chelsea Walker Physician Emily Mullen Physician Marianna Dimaggio Medical Clinic Laurie Flynn Physician

Suggested Use

Top Pick Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Pharmacy Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 04072, ME

20,381
Population
9,619
Households
2.1
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
38.6 sq mi
ZIP Area
528
Density / Sq Mi
$84,328
Median Household Income
$47,419
Median Earnings
$1,268
Median Rent
$370,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two tenants currently occupy this professional office property.
Where is this office building located?
The property is located at 895 Portland Road Saco, ME.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two tenants currently occupy the office building; Located along the Route One corridor in Saco; Approximately 3 miles from Maine Turnpike Exit 36
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