Mixed-Use Property with Two
For Sale
$350,000
808 Sebago Road, Sebago, ME 04029
Vacant mixed-use property built in 1999 with two separate entrances and ample parking on the Rt 114 corridor.
Property Size1,024 SF
Days on Market238
Property Features for 808 Sebago Road
General Information
Standard status
Active
Size
1,024 SF
Property subtype
Commercial
Building Details
Building Size
1,024 SF
Year Built
1999
Listing Agency:
Keller Williams Realty
(207) 710-1477
Listed By:
Cristina Eugen
(207) 710-1477
Source:
Startpoint
Added: Dec 10, 2025
Changed: Jul 30
Last Checked: Aug 5 at 2:39PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This vacant mixed-use property at 808 Sebago Road in Sebago, ME was built in 1999 and offers a flexible layout with two separate entrances and ample parking. Photos show retail usage of the space, but the property is presently vacant and available for a new concept. The property is being sold as is, and buyers should perform their own investigations and due diligence regarding development and zoning requirements with the Town.
The location is off Rt 114 near Nason’s Beach and the boat launch, as well as Gemme’s General Store, supporting 4-season exposure in a Gateway to the Lakes Region. The property also presents as a mixed-use option with potential for multiple uses, depending on applicable Town requirements.
For buyers considering a development or redevelopment plan, two separate entrances can simplify tenanting and operational separation, while the on-site parking can support retail and other customer-facing uses.
The location is off Rt 114 near Nason’s Beach and the boat launch, as well as Gemme’s General Store, supporting 4-season exposure in a Gateway to the Lakes Region. The property also presents as a mixed-use option with potential for multiple uses, depending on applicable Town requirements.
For buyers considering a development or redevelopment plan, two separate entrances can simplify tenanting and operational separation, while the on-site parking can support retail and other customer-facing uses.
Key Highlights
- Vacant mixed‑use property built in 1999
- Two separate entrances
- Ample on‑site parking
Financial Insights For Mixed Use
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 | $22.1k | $21.60 |
| − Vacancy | −$1.8k | −$1.73 |
| EGI | $20.3k | $19.87 |
| − OpEx | −$7.6k | −$7.45 |
| NOI | $12.7k | $12.42 |
1,024 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$181.7K
$159.0K – $212.0K
NOI $12,718 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$153.0K
$133.9K – $178.5K
NOI $10,709 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$281.4K
$246.3K – $328.4K
NOI $19,701 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 04029, ME
1,917
Population
1,506
Households
1.3
Avg Household Size
47
Median Age
24%
College-Educated
87%
High-School Grad
32.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,845
Median Household Income
$40,838
Median Earnings
$1,302
Median Rent
$272,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant mixed-use property built in 1999 with two separate entrances and ample parking on the Rt 114 corridor.
Where is this mixed-use property located?
The property is located at 808 Sebago Road Sebago, ME.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Vacant mixed‑use property built in 1999; Two separate entrances; Ample on‑site parking
