New
For Sale
$575,000
865 Main Street, Waterboro, ME 04087
Commercial Sale, Waterboro, ME
Property Size1,740 SF
Lot Size3.25 Acres
Price / SF$330.46
Days on Market3
Property Features for 865 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
village
Rooms
Basement
Parking features
Off Street
Basement
Dirt Floor, Sump Pump, Partial, Unfinished
Lot features
Near Shopping
Standard status
Active
Size
1,740 SF
Lot size
3.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3317
Utilities
Sewer type
Private Sewer
Heating system
Pellet Stove
Water source
Private
Water front features
Stream
Building Details
Year built
1860
Flooring type
Wood, Carpet, Laminate
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Listing Agency:
Real Estate 2000 ME/NH
(207) 636-9996
Listed By:
Stephen Foglio Jr
(207) 432-0718
Added: Oct 30
Last Checked: Nov 1 at 5:06AM
MLS# 1686358
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.
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,890
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,800
$537.8K
Cap Rate 7%
$384,143
$384.1K
Cap Rate 9%
$298,778
$298.8K
Market Conditions
NOI Build-Up for 1,740 SF
Gross rent
$51.6K $29.64/SF
− Vacancy
−$2.7K −$1.54/SF
EGI
$48.9K $28.10/SF
− OpEx
−$22.0K −$12.64/SF
NOI
$26.9K $15.45/SF
Area
York County, ME
Vacancy
5.20%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,800
Cap Rate 7%
$384,143
Cap Rate 9%
$298,778
Alternative Uses
Best Use
Apartment 5plus
$384.1K
$336.1K – $448.2K
NOI $26,890 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.6K
$482.6K – $643.5K
NOI $38,610 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Explore this area
Business Placement
Demographics for 04087, ME
2,269
Population
901
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
86%
High-School Grad
19.9 sq mi
ZIP Area
114
Density / Sq Mi
$96,268
Median Household Income
$39,612
Median Earnings
$1,214
Median Rent
$236,200
Median Home Value
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Frequently Asked Questions
Where is this commercial land located?
The property is located at 865 Main Street Waterboro, ME.
What is the asking price?
The asking price for this property is $575,000.
