Flex Space With Overhead
For Sale
$995,000
44 Lincoln Street, Saco, ME 04072
Freestanding office and warehouse space includes a paved area for parking or storage.
Property Size6,000 SF
Lot Size0.88 Acres
Price / SF$165.83
Days on Market423
Property Features for 44 Lincoln Street
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.88 Acres
Property subtype
Commercial
Zoning
HDR
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Property Use
Office/Warehouse, Flex
Taxes and HOA fees
Annual Taxes
$9,522
Building Details
Building Size
6,000 SF
Year Built
1970
Buildings
1
Stories
1
Listing Agency:
The Boulos Company
Listed By:
Nathaniel Stevens
(207) 772-1333
Source:
Patryfamilyrealty
Added: Sep 5, 2025
Changed: Oct 31
Last Checked: Oct 31 at 3:26AM
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 The Boulos Company
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Investment Insights
Based on property information with market context.
This freestanding flex property contains 6,000 square feet of office and warehouse space, with a 10' x 12' overhead door. The 0.88±-acre parcel includes paved space for parking or storage. The building was constructed in 1970 and is zoned HDR.
The property sits along the Saco River, about one-tenth of a mile from Route 1. It is positioned between Exits 32 and 36 of the Maine Turnpike (I-95), with downtown Saco and Biddeford described as walkable from the site.
The property sits along the Saco River, about one-tenth of a mile from Route 1. It is positioned between Exits 32 and 36 of the Maine Turnpike (I-95), with downtown Saco and Biddeford described as walkable from the site.
Key Highlights
- 6,000‑square‑foot freestanding flex building
- 10' x 12' overhead door
- 0.88±-acre parcel with paved parking or storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,111
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,682,220
$1.7M
Cap Rate 7%
$1,201,586
$1.2M
Cap Rate 9%
$934,567
$934.6K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$131.8K $21.96/SF
− Vacancy
−$2.4K −$0.39/SF
EGI
$129.4K $21.57/SF
− OpEx
−$45.3K −$7.55/SF
NOI
$84.1K $14.02/SF
Area
York County, ME
Vacancy
1.79%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,682,220
Cap Rate 7%
$1,201,586
Cap Rate 9%
$934,567
Alternative Uses
Best Use
Flex RnD
$1.20M
$1.05M – $1.40M
NOI $84,111 @ 7.0% cap · market cap 8.45%
Second Best
Warehouse
$1.07M
$939.1K – $1.25M
NOI $75,131 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,138 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,360
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Big Tree Foods — 10 West Point Lane, Biddeford, ME 04005
- At Your Service Caterers — 110 Main St, Saco, ME 04072
- The Remedy Cocktail Co. — 120 Main St, Saco, ME 04072
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding office and warehouse space includes a paved area for parking or storage.
Where is this flex space located?
The property is located at 44 Lincoln Street Saco, ME.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 6,000‑square‑foot freestanding flex building; 10' x 12' overhead door; 0.88±-acre parcel with paved parking or storage area
