Turn-Key Grocery and Depot
21 27 33 Depot Square, Mechanic Falls, ME 04256
New
COMMERCIAL - Mechanic Falls, ME
Property size:
9,000 SFLot size:
1.40 AcresPrice / SF:
$166/SF- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 3:06 pm
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), Natural Gas, Oil
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Flooring type
- Concrete, Laminate
- Building materials
- Masonry, Steel Frame, Wood Frame
- Roof type
- Shingle
Listing agent Edward Herczeg (207) 653-6773
Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME (888) 439-8743
Listing date Jun 23, 2026
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.
HighLights
- Three‑building commercial compound with masonry, steel frame, and wood frame construction
- Water and sewer served by public utilities (public water and public sewer)
- Grocery store is open and fully operating, with a 7‑month comprehensive remodel completed
- Grocery includes new commercial coolers, modern display racks, upgraded POS system, HD CCTV security network, and updated flooring
- One building is fully leased to USPS (United States Postal Service)
- Original vacant historic train depot building available for secondary income use
Overview
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.
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 Profile
Location Intelligence
Current Use by Public Records
Future Foods
Grocery & Convenience Store
Similar Places Nearby
- Future Foods — 21 Depot Sq, Mechanic Falls, ME 04256
Location Insight
- Map
- Local Demand
- City
- Mechanic Falls
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.3940997
- Latitude
- 44.111506
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 masonry, steel frame, and wood frame construction; Water and sewer served by public utilities (public water and public sewer); Grocery store is open and fully operating, with a 7‑month comprehensive remodel completed
