Turn-Key Grocery and Depot
21 27 33 Depot Square Mechanic Falls, ME 04256
21 27 33 Depot Square, Mechanic Falls, ME, 04256
$1,500,000
For Sale
$1,500,000
COMMERCIAL - Mechanic Falls, ME
Property Size9,000 SF
Lot Size1.40 Acres
Price / SF$166.67
Days on Market29
Property Features for 21 27 33 Depot Square
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Coml
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10277
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Oil, Natural Gas
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Flooring type
- Concrete, Laminate
- Building materials
- Masonry, Steel Frame, Wood Frame
- Roof type
- Shingle
Listing agency
EXP Realty
(888) 439-8743
Listed by
Edward Herczeg
(207) 653-6773
Added: Jun 23 Updated: Jul 13 at 10:30PM Checked: Jul 21 at 2:06PM
MLS# 1668396
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.
Investment Insights
Based on property information with market context.
This three-building commercial compound includes an operating grocery store, a fully leased U.S. Post Office, and a vacant historic depot building. The grocery is open and fully operating, and the facility has undergone a comprehensive seven-month remodel. The property features newly updated commercial infrastructure, including new commercial coolers, modern display racks, an advanced POS system, a high-definition CCTV security network, and updated flooring. Buyer access to the grocery inventory is described as available at cost at closing.
The property is located at 21, 27, and 33 Depot Square in Mechanic Falls, Maine (Androscoggin County). The offering includes multiple structures on a 1.4-acre site, supporting an owner-operator arrangement alongside a separate, leased federal tenant.
For buyers and owner-operators, the configuration provides day-to-day grocery operations combined with a separately leased post office. The vacant depot building can support a secondary retail concept, subject to applicable approvals, while the grocery’s remodeled interior and equipment are intended to support continued operations. Note that staff and management are not authorized to answer questions, and prospective buyers are instructed not to stop in without the listing broker.
The property is located at 21, 27, and 33 Depot Square in Mechanic Falls, Maine (Androscoggin County). The offering includes multiple structures on a 1.4-acre site, supporting an owner-operator arrangement alongside a separate, leased federal tenant.
For buyers and owner-operators, the configuration provides day-to-day grocery operations combined with a separately leased post office. The vacant depot building can support a secondary retail concept, subject to applicable approvals, while the grocery’s remodeled interior and equipment are intended to support continued operations. Note that staff and management are not authorized to answer questions, and prospective buyers are instructed not to stop in without the listing broker.
Key Highlights
- Three‑building commercial compound with an operating grocery store plus a vacant historic train depot building
- Grocery store is open and fully operating; the facility completed a comprehensive 7‑month remodel
- Post office building is fully leased to USPS for an additional rental income stream
Local Financial Insights For Retail
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 | $162.0k | $18.00 |
| − Vacancy | −$27.5k | −$3.06 |
| EGI | $134.5k | $14.94 |
| − OpEx | −$40.3k | −$4.48 |
| NOI | $94.1k | $10.46 |
9,000 SF · lease $18.00/SF/yr · vacancy 17.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.34M
$1.18M – $1.57M
NOI $94,122 @ 7.0% cap · market cap 6.27%
Second Best
Specialty Retail
$1.04M
$907.6K – $1.21M
NOI $72,608 @ 7.0% cap · market cap 4.84%
Theoretical Best
Warehouse
$15.98M
$13.99M – $18.65M
NOI $1,118,927 @ 7.0% cap · market cap 74.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Future Foods
Grocery & Convenience Store
Similar Off Market Nearby
- Future Foods — 21 Depot Sq, Mechanic Falls, ME 04256
FAQs
What type of property is this?
Grocery and convenience store - Three-building retail compound with an operating grocery, a USPS-tenant lease, and a vacant historic depot for expansion.
Where is this grocery and convenience store located?
The property is located at 21 27 33 Depot Square Mechanic Falls, ME.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three‑building commercial compound with an operating grocery store plus a vacant historic train depot building; Grocery store is open and fully operating; the facility completed a comprehensive 7‑month remodel; Post office building is fully leased to USPS for an additional rental income stream
