762 Main Street South Portland, ME 04106
COMMERCIAL - South Portland, ME
- Added:
- May 19, 2026
- Days on Market:
- 57
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 762 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- LB
- Rooms
- Basement
- Basement
- Full, Unfinished, Partial
- Standard status
- Active
- Size
- 2,736 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4545
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Natural Gas, Heat Pump (Heating), Electric (Heating), Steam, Baseboard, Hot Water(Heating)
- Cooling system
- Wall Unit(s), Heat Pump
- Water source
- Public
Building Details
- Year built
- 1925
- Number of units
- 1
- Flooring type
- Carpet, Tile, Hardwood, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
Listing agent Matthew Chamberlain (207) 450-7653
Listing office Regency Realty Group 27 Gorham Road Suite 230, South Portland, ME (207) 450-7653
Listing date May 19, 2026
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.
The property is located at 762 Main Street in South Portland, Maine. Zoning is listed as LB.
The layout is configured for professional use with dedicated office rooms and conference space distributed across both floors.
Key Highlights
- Office building with 2,700+ SF of office space
- Main level includes 5 individual offices plus 2 conference rooms
- Second floor adds 4 additional offices
Local 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 | $59.8k | $21.84 |
| − Vacancy | −$7.5k | −$2.75 |
| EGI | $52.2k | $19.09 |
| − OpEx | −$13.1k | −$4.77 |
| NOI | $39.2k | $14.32 |
