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    70 Elm St Saco, ME 04072

    Sponsored
    For Lease
    $35 SF/Yr ($4,083 /Mo)

    1,400 SF Retail/Office, Prime Location

    Lot size:
    1,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,400-square-foot single-tenant creative office space is ideally situated in Saco, Maine, at 70 Elm Street. The property boasts a prime corner lot with prominent frontage on Route One, placing it at the heart of Saco's bustling commercial district. Its strategic location near the Saco Valley Shopping Center, anchored by Shaw's Supermarket, ensures high visibility and foot traffic. The building is a Class C, single-story structure with a B-1 zoning designation. The convenient location offers easy access to major roadways, including a five-minute proximity to the Maine Turnpike. This ensures excellent accessibility for employees and customers alike. The surrounding area is home to a variety of established businesses, including TD Bank, Key Bank, Reny's, Town & Country Federal Credit Union, The UPS Store, Cumberland Farms, and the Saco Museum, creating a vibrant and thriving commercial environment. The entire 1,400 square feet is currently vacant, presenting a unique opportunity for a business seeking a well-positioned and readily available space in a high-traffic area. The property's APN is 38/135, and it's located in York County, Maine, zip code 04072. This property offers a rare combination of visibility, accessibility, and proximity to key amenities, making it an ideal location for a variety of businesses.

    Property Features for 70 Elm St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,400 SF
    Class
    C
    Total Rate
    4083.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,400 SF
    Rate per SF
    $35

    HighLights

    • 1,400 SF single‑tenant creative office space in Saco, ME.
    • Prime corner lot on Route 1 in Saco's commercial district, offering high visibility.
    • Class C, single‑story building with B‑1 zoning.
    • Excellent access to the Maine Turnpike and other major roadways.
    • Currently vacant, ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.4470078
    Latitude
    43.5004015

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    FAQs

    What type of property is this?
    Office space - 1,400 SF Retail/Office, Prime Location
    Where is this office space located?
    The property is located at 70 Elm St Saco, ME.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 1,400 SF single-tenant creative office space in Saco, ME.; Prime corner lot on Route 1 in Saco's commercial district, offering high visibility.; Class C, single-story building with B-1 zoning.
    Request Owner's contact information
    70 Elm St Saco, ME 04072
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70 Elm St Saco, ME 04072
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