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507 Main Street, Saco, ME 04072

Shopping centers

Property Size5,363 SF
Lot Size1.66 Acres
Price / SF$673.54
Days on Market94

Property Features for 507 Main Street

General Information

Standard status Active
Size 5,363 SF
Lot size 1.66 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $222,149

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2023
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Jun 3 Changed: Aug 26 Last Checked: Sep 4 at 4:35AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

Key Highlights

  • Newer 3‑tenant retail plaza built in 2023 with 5,363 SF on a 1.66‑acre parcel
  • Anchored by Chipotle, Jersey Mike’s, and Playa Bowls
  • Chipotle lease: ~7 years remaining plus four 5‑year renewal options

Property Analytics

Current Use

Chipotle Mexican Grill Take-out & Catering Jersey Mike's Subs Take-out & Catering Pizza Hut Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby
173k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Groceries 24% Shops & Services 14%
Hannaford Groceries
41,459 visits/mo 0.1 miles
McDonald's Dining
24,056 visits/mo 0.0 miles
Cumberland Farms Shops & Services
18,107 visits/mo 0.1 miles
Wendy's Dining
15,192 visits/mo 0.0 miles
Aroma Joe's Dining
13,399 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

Where is this shopping center located?
The property is located at 507 Main Street Saco, ME.
What is the asking price?
The asking price for this property is $3,612,179.
What are key features of this property?
This property features: Newer 3‑tenant retail plaza built in 2023 with 5,363 SF on a 1.66‑acre parcel; Anchored by Chipotle, Jersey Mike’s, and Playa Bowls; Chipotle lease: ~7 years remaining plus four 5‑year renewal options
More about this property
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