102 Main St Saco, ME 04072
- Commercial real estate
- 9,752 SF
- 0.11 lot acres
Current Use by Public Records
- Quince & Co. / Warehouse
Property Details for 102 Main St
- Year built
- 1855
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.11 lot acres
- Property size
- 9,752 SF
- Property type
- Commercial real estate
- APN
- SACO M:037 L:001 U:003-000
- APU
- SACOM037L001U003000
Description
This exceptional 9,459 square foot office/industrial/flex space is part of the revitalized Saco Island development, situated along the scenic Saco River. Housed in a beautifully restored historic mill building, this property boasts a complete historic tax credit renovation completed between 2018 and 2019. The building is in pristine condition, featuring a new roof, new windows, and a freight elevator. High ceilings, exposed brick and beams add to the unique character of this space. The property offers ample on-site parking with capacity for up to 20 vehicles. One 10-foot overhead loading door provides convenient access for loading and unloading. Ceiling heights vary, ranging from 10 feet 6 inches to an impressive 15 feet 7 inches. The property sits on 0.11 acres and is zoned Si - Saco Island (APN: 037-001-003). Currently, one unit of 9,459 square feet is available for lease within the larger 9,752 square foot building. This multi-tenant building presents a unique opportunity for businesses seeking a blend of historic charm and modern functionality in a desirable location. The property's prime location and exceptional features make it an ideal choice for a variety of commercial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $410,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $480,000
- Mixed-Use
- $370,000
- Hospitality
- $375,000
- Educational
- $385,000
- Residential Income
- $430,000
- Energy
- $455,000
- Income-Based Land
- $460,000
- Food Service
- $380,000
Location Insight
- Map
- Local Demand
- City
- Saco
- County
- York
- State
- Maine
- Longitude
- -70.4462
- Latitude
- 43.4939
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA