Mixed-Use Building with
For Sale
$499,000
459 Main Street, Sanford, ME 04083
Two apartments occupy the second floor, with an additional partially finished area above that requires town approval for residential use.
Property Size9,371 SF
Price / SF$53.25
Days on Market1005
Property Features for 459 Main Street
General Information
Standard status
Active
Size
9,371 SF
Total Parking Spaces
6
Property subtype
Commercial
Zoning
PRI COMM MD
Property Condition
Severity
Repairs Needed
Evidence
rehab cash and paint
Units
Unit Mix
2 x apartment (apx 1200 sq ft each)
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Sprinkler System
Yes
Patio
Yes
Taxes and HOA fees
Annual Taxes
$7,952
Building Details
Building Size
9,371 SF
Year Built
1856
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Bonnie Dridi
(603) 766-1980
Source:
Amerorealty
Added: Jan 31, 2024
Changed: Oct 31
Last Checked: Oct 31 at 2:37PM
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 EXP Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 9,371-square-foot Bradford Block is a mixed-use building dating to 1856. Its first-floor restaurant space measures over 2,916 square feet and includes a bar, kitchen, basement, and three distinct areas for seating, bar service, and sunroom-style use. The restaurant was renovated within the past five years, and the building has undergone renovations over the past decade. Sprinkler systems serve all three floors. The restaurant is heated with oil; the second and third floors use electric heat.
Two apartments of approximately 1,200 square feet each occupy the second floor. The third floor is partially finished; creating one or two additional apartments would require town approval. Six deeded parking spaces are located at the library, and free on-street parking is also available. The property is at Heritage Place in Springvale, with zoning identified as PRI COMM MD and PRI COMM MDL-94; these designations differ.
Two apartments of approximately 1,200 square feet each occupy the second floor. The third floor is partially finished; creating one or two additional apartments would require town approval. Six deeded parking spaces are located at the library, and free on-street parking is also available. The property is at Heritage Place in Springvale, with zoning identified as PRI COMM MD and PRI COMM MDL-94; these designations differ.
Key Highlights
- 9,371‑square‑foot building constructed in 1856 and known as the Bradford Block
- First‑floor commercial space exceeds 2,916 square feet, with a bar, kitchen, and large basement
- Two second‑floor apartments, each approximately 1,200 square feet
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Explore this area
Business Placement
Demographics for 04083, ME
4,699
Population
2,202
Households
2.1
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
470
Density / Sq Mi
$81,299
Median Household Income
$52,832
Median Earnings
$1,210
Median Rent
$249,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments occupy the second floor, with an additional partially finished area above that requires town approval for residential use.
Where is this mixed-use property located?
The property is located at 459 Main Street Sanford, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 9,371‑square‑foot building constructed in 1856 and known as the Bradford Block; First‑floor commercial space exceeds 2,916 square feet, with a bar, kitchen, and large basement; Two second‑floor apartments, each approximately 1,200 square feet
