Building Details

Tenancy Single

Listing Agency: Malone Commercial Brokers b***@malonecb.com Show Phone

Listed By: Brandon Mitchell · License #920783 Show Phone

Source: Moodyscre

Added: Jan 13 Changed: Jul 27 Last Checked: Aug 1 at 12:21PM

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Investment Insights

Based on property information with market context.

This single-tenant storefront offers an open-concept layout within a 1,823± SF building, with historic charm throughout. The space is designed for flexible retail display and merchandising in a straightforward, walk-in configuration.

Located on Saco Ave, the property benefits from AADT traffic counts of 9,930± cars/day (2022). It is within walking distance of downtown, the beach, and the commuter train.

The property is designated under General Business Two zoning, noted as favorable to a variety of uses, including residential (subject to the information provided).

Key Highlights

• 1,823± SF single‑tenant, open‑concept space with historic character
• Located on Saco Ave with 9,930± cars/day AADT (2022)
• General Business Two zoning allows a variety of uses, including residential

Property Analytics

Current Use

Epoxy ME Kitchen & Bath Showroom Cottage Decor Furniture & Home Goods

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store HVAC Service Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

9,930 VPD

Traffic count

Single-tenant

Tenancy

NNN (Triple Net)

Lease Type

$2.17 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

547

Businesses Nearby

11k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 84% Dining 16%

Dollar General Shops & Services

4,685 visits/mo 0.1 miles

Family Dollar Shops & Services

3,501 visits/mo 0.2 miles

Domino's Pizza Dining

1,775 visits/mo 0.2 miles

FedEx Office Print & Ship Center Shops & Services

906 visits/mo 0.3 miles

Demographics for 04064, ME

8,452

Population

6,783

Households

1.2

Avg Household Size

53

Median Age

40%

College-Educated

96%

High-School Grad

6.7 sq mi

ZIP Area

1,261

Density / Sq Mi

$66,689

Median Household Income

$42,532

Median Earnings

$1,142

Median Rent

$312,700

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Single-tenant, open-concept retail space with historic character on Saco Ave near downtown and the beach.

Where is this storefront property located?

The property is located at 57 Saco Ave Old Orchard Beach, ME.

What is the lease rate?

The lease rate is $2,200 /Mo.

What are key features of this property?

This property features: 1,823± SF single‑tenant, open‑concept space with historic character; Located on Saco Ave with 9,930± cars/day AADT (2022); General Business Two zoning allows a variety of uses, including residential