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Medical Office Building with Auditorium
For Sale
$700,000

905 Main Street, Vassalboro, ME 04989

Commercial Sale, Vassalboro, ME

Property Size7,500 SF
Lot Size1.00 Acre
Price / SF$93.33
Days on Market101

Property Features for 905 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Rural
Rooms Basement
Basement Unfinished, Dirt Floor
Accessibility Accessible Approach with Ramp
Lot features Downtown, Rural
Standard status Active
Size 7,500 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4495

Utilities

Sewer type Public Sewer
Heating system Baseboard, Heat Pump (Heating), Hot Water(Heating), Electric (Heating), Oil
Cooling system Heat Pump
Water source Public

Building Details

Year built 1873
Flooring type Carpet
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Listing Agency: McAllister Real Estate
Listed By: David Gleason
Added: Jun 10 Changed: Sep 16 Last Checked: Sep 18 at 1:06PM
MLS# 1627163

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.

Built in 1873, this 7,500-square-foot wood-frame property with vinyl siding is presently used as a medical office. The first floor includes 18 rooms, 3 bathrooms, a reception area, and a waiting room. The second floor retains an auditorium and full stage, providing a distinctive component within the existing layout. Carpet flooring, electric and oil-based heating systems, heat pump cooling, public water, public sewer, and a shingle roof are in place. An accessible approach with ramp serves the building.

The property occupies 1 acre at 905 Main Street in Vassalboro, Maine. A parking lot serves the site, while a park across the street provides access to the outlet stream. Augusta, Waterville, Winslow, and I-95 are minutes away. Conversion to apartments may be possible subject to town approval.

Key Highlights

  • 7,500‑square‑foot medical office property built in 1873
  • 18 rooms, 3 bathrooms, reception area, and waiting room on the first floor
  • Second‑floor auditorium with full stage

Property Analytics

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Current Use

Mid Maine Medicine Production Facility Stephen Raph, MD Pediatrician Clifton D. Smith ... Physician Dr. Nancy Epifano, ... Physician Erika J. Hall, ... Physician

Suggested Use

Top Pick Building Supply Plumbing Service Auto Parts Store Bakery Storage Facility (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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04989, ME

4,520
Population
2,296
Households
2
Avg Household Size
45
Median Age
31%
College-Educated
94%
High-School Grad
44.3 sq mi
ZIP Area
102
Density / Sq Mi
$74,828
Median Household Income
$47,512
Median Earnings
$1,030
Median Rent
$217,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Former school building presently configured for medical use, with public utilities and a one-acre site in Vassalboro.
Where is this medical office space located?
The property is located at 905 Main Street Vassalboro, ME.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 7,500‑square‑foot medical office property built in 1873; 18 rooms, 3 bathrooms, reception area, and waiting room on the first floor; Second‑floor auditorium with full stage
More about this property
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