Property profile

154 Main St Bridgton, ME 04009

FOR SALE
Rehabilitation centers
Property ID
US42-0482269
1,995 SF Built 2007
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Long-Term Healthcare Investment Opportunity - Lease Through 2029 This investment offering features a well-located commercial property in the heart of Bridgton, Maine, fully occupied by Saco Bay Orthopedic & Sports Physical Therapy, a nationally recognized healthcare provider and one of the largest ... outpatient rehabilitation networks in the United States. Saco Bay occupies the entire building under a Modified Gross lease that has been extended through December 2029, demonstrating a long-term commitment to the location. The lease includes cost of living increases, providing investors with consistent income growth and dependable cash flow. Strategically positioned on Main Street across from Renys, a well-established regional retailer and community destination, the property benefits from strong visibility and a location within one of Bridgton's primary commercial corridors. The surrounding area serves both year-round residents and seasonal visitors, supporting a healthy mix of retail, service, and professional businesses. Bridgton continues to experience growth driven by its desirable location, recreational amenities, and proximity to the Lakes Region and western Maine mountains. The area's increasing popularity among residents, visitors, and businesses supports long-term demand for quality commercial real estate. With a long-term lease extension in place, annual contractual rent increases, and an established healthcare tenant, this property presents an attractive opportunity for investors seeking stable income in a growing western Maine market. For investors seeking additional scale, the seller is also offering a second property leased to Saco Bay Orthopedic & Sports Physical Therapy, creating the opportunity to acquire multiple assets backed by the same established tenant.

Property profile

Verified
Property type Rehabilitation centers
Year built 2007
Total area 1,995 SF
UPID US42-0482269

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
  • Medical Clinic
  • Physician
  • Physician
  • Physician
  • Physician

Location

154 Main St Bridgton, ME 04009
Bridgton metro
Google Maps

Value estimations

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

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message