Medical Office Building with Leased
For Sale
$375,000
176 Main Street, Norway, ME 04268
Gross lease in place through December 2029, with additional space available for lease.
Property Size4,178 SF
Price / SF$89.76
Days on Market77
Property Features for 176 Main Street
General Information
Standard status
Active
Size
4,178 SF
Property subtype
Commercial
Lease Term
[]
Additional Details
Road Access
Yes
Building Details
Year Built
1900
Buildings
1
Building Size
4,178 SF
Listing Agency:
Keller Williams Coastal and Lakes & Mountains Realty
Listed By:
Lisa Church
(207) 536-4222
Source:
Portsiderealestategroup
Added: Jun 14
Changed: Aug 29
Last Checked: Aug 29 at 1:26PM
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 Coastal and Lakes & Mountains Realty
Investment Insights
Based on property information with market context.
This approximately 4,178-square-foot medical office property was built in 1900 and is primarily occupied by Saco Bay Orthopedic & Sports Physical Therapy. The tenant operates under a gross lease extending through December 2029. Additional interior space remains available for lease, and shared common areas support the building’s multi-occupant configuration.
The property is located at 176 Main Street in Norway, directly across from MaineHealth Stephens Hospital. The surrounding area includes professional offices, retail businesses, restaurants, and community services. The building’s existing healthcare tenancy, remaining leasable area, and established medical-office setting provide a clear operating framework for continued occupancy.
The property is located at 176 Main Street in Norway, directly across from MaineHealth Stephens Hospital. The surrounding area includes professional offices, retail businesses, restaurants, and community services. The building’s existing healthcare tenancy, remaining leasable area, and established medical-office setting provide a clear operating framework for continued occupancy.
Key Highlights
- Approximately 4,178‑square‑foot medical office property
- Saco Bay Orthopedic & Sports Physical Therapy occupies the majority of the building
- Gross lease runs through December 2029
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 04268, ME
5,077
Population
2,869
Households
1.8
Avg Household Size
48
Median Age
23%
College-Educated
90%
High-School Grad
45.0 sq mi
ZIP Area
113
Density / Sq Mi
$53,162
Median Household Income
$35,897
Median Earnings
$758
Median Rent
$184,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Gross lease in place through December 2029, with additional space available for lease.
Where is this medical office space located?
The property is located at 176 Main Street Norway, ME.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 4,178‑square‑foot medical office property; Saco Bay Orthopedic & Sports Physical Therapy occupies the majority of the building; Gross lease runs through December 2029
