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Property profile

102 Main St Saco, ME 04072

OFF-MARKET
Commercial real estate
Property ID
US42-0906303
View Sample
9,752 SF 0.11 ac lot Built 1855
Individually Owned ~ Est. High Equity

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1855
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,752 SF
Lot 0.11 ac (5,000 SF)
APN SACO M:037 L:001 U:003-000
UPID US42-0906303

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2026
7 recorded transactions
2026
$1.5M
2026
Price N/A
2024
Price N/A
2024
Price N/A
2023
$500,000
2023
$335,000
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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