Retail Building with Second-Floor
New
For Sale
$1,700,000
641 Main Road, Holden, ME 04429
COMMERCIAL - Holden, ME
Property Size10,000 SF
Lot Size11.20 Acres
Price / SF$170
Days on Market2
Property Features for 641 Main Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Limited Commercial
Interior features
Storage
Lot features
Business District
Standard status
Active
Size
10,000 SF
Lot size
11.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9589
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Natural Gas
Water source
Well
Building Details
Number of units
1
Flooring type
Concrete
Building materials
Wood Frame, Wood Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
De Raat Realty
(207) 326-8448
Listed By:
Medan de Raat
(207) 326-8448
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 1 at 7:06PM
MLS# 1674309
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.
Investment Insights
Based on property information with market context.
This retail building offers a total of 10,000 square feet of indoor space configured as 4,500 square feet of open retail space plus 3,000 square feet of shop/office space on the ground floor, with an additional 3,000 square feet on the second floor. The interior includes storage, and the flooring is concrete. Construction is wood frame with wood siding and a shingle roof.
The property sits on 11.2 acres with a large parking lot and frontage along Route 1A, described as a busy road. Heating is natural gas, with propane HVAC noted. Water is provided by a well and sewer service is via a septic tank/private sewer.
The existing layout is positioned to support a range of uses, including retaining retail, office, storage, or potential light industrial uses, based on the current configuration and building features.
The property sits on 11.2 acres with a large parking lot and frontage along Route 1A, described as a busy road. Heating is natural gas, with propane HVAC noted. Water is provided by a well and sewer service is via a septic tank/private sewer.
The existing layout is positioned to support a range of uses, including retaining retail, office, storage, or potential light industrial uses, based on the current configuration and building features.
Key Highlights
- 4,500 SF of open retail space plus 3,000 SF shop/office on the ground floor
- Additional 3,000 SF on the second floor for shop or office use
- 11.2 acres with a large parking lot along Route 1A
Financial Insights For Office B
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 | $216.0k | $21.60 |
| − Vacancy | −$27.5k | −$2.75 |
| EGI | $188.5k | $18.85 |
| − OpEx | −$47.1k | −$4.71 |
| NOI | $141.4k | $14.14 |
10,000 SF · lease $21.60/SF/yr · vacancy 12.74% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.02M
$1.77M – $2.36M
NOI $141,361 @ 7.0% cap · market cap 8.32%
Second Best
Retail
$1.20M
$1.05M – $1.39M
NOI $83,664 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,080 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 04429, ME
4,925
Population
2,963
Households
1.7
Avg Household Size
48
Median Age
42%
College-Educated
98%
High-School Grad
70.6 sq mi
ZIP Area
70
Density / Sq Mi
$92,223
Median Household Income
$52,391
Median Earnings
$1,316
Median Rent
$268,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space plus shop and office areas on two levels with on-site parking along Route 1A in Limited Commercial zoning.
Where is this retail space located?
The property is located at 641 Main Road Holden, ME.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 4,500 SF of open retail space plus 3,000 SF shop/office on the ground floor; Additional 3,000 SF on the second floor for shop or office use; 11.2 acres with a large parking lot along Route 1A
