Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    189 Main St Saco, ME 04072-1508

    • Turn key restaurants
    • 1,440 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US42-0189532
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rapid Ray's / Fast Food Restaurant / Restaurant

    Property Details for 189 Main St

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.11 lot acres
    Property size
    1,440 SF
    Zone code
    B-3
    Property type
    Turn key restaurants
    APN
    SACO M:031 L:082 U:000-000
    APU
    SACOM031L082U000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $375,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $360,000
      Mixed-Use
      $430,000
      Hospitality
      $485,000
      Educational
      $485,000
      Residential Income
      $385,000
      Energy
      $425,000
      Income-Based Land
      $395,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.4465
    Latitude
    43.4968
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,043
    $133,800
    $305,000
    $438,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $515,000
      2,640 SF

      162 Main St

      RESTAURANT • 2,640 SF
      162 Main St, Saco, ME 04072-1504
      View Details
    • Value Estimation by Request
      2,200 SF

      509 Main St

      RESTAURANT • 2,200 SF
      509 Main St, Saco, ME 04072-1564
      View Details
    • Value Estimation by Request
      2,736 SF

      505 Main St

      RESTAURANT • 2,736 SF
      505 Main St, Saco, ME 04072-1564
      View Details
    • Value Estimation
      $330,000
      532 SF

      636 Main St

      RESTAURANT • 532 SF
      636 Main St, Saco, ME 04072
      View Details
    • Value Estimation
      $310,000
      3,445 SF

      23 Main Ave

      RESTAURANT • 3,445 SF
      23 Main Ave, Saco, ME 04072-3029
      View Details
    • Value Estimation
      $250,000
      3,984 SF

      163 Main St

      RESTAURANT • 3,984 SF
      163 Main St, Saco, ME 04072-1505
      View Details

    Similar Nearby for Sale

    • $2,300,000
      10,550 SF

      Main Street Saco Investment

      10,550 SF building, 2.28 acres
      644 Sf Bldg & Land, Saco, ME 04072
      View Details
    • $1,600,000

      New Saco Retail Opportunity

      New retail property with drive-through and ample parking.
      3 Waterfall Dr, Saco, ME 04072
      View Details
    • $2,900,000
      14,000 SF

      Saco, ME Restaurant Redevelopment

      Prime 14,000 SF restaurant, redevelopment opportunity.
      345 North St, Saco, ME 04072
      View Details
    • $1,595,000
      6,912 SF

      Restaurant Building with Large Parking

      Stand-alone restaurant building in excellent condition with investment potential.
      512 Main St, Saco, ME 04072
      View Details
    • New
      $1,100,000
      2,590 SF

      Saco Commercial Property For Sale

      High-visibility commercial property with potential for residential development.
      21 Buxton Rd, Saco, ME 04072
      View Details
    • Contact for pricing
      32,328 SF

      Saco Retail Property on Route 1

      Retail property with high visibility and traffic count on Route 1.
      812 Portland Rd, Saco, ME 04072
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Main Street Retail Space For Lease

      Prime Saco location, 1400 sq ft retail space.
      507 Main St, Saco, ME 04072
      View Details
    • Contact for pricing
      1 SF

      Prime Saco Retail Land Opportunity

      High-traffic Main Street location, build-to-suit available.
      650 Main St, Saco, ME 04072
      View Details
    • $35 SF/Yr
      1,400 SF

      Saco, ME Creative Office Space

      1,400 SF Retail/Office, Prime Location
      70 Elm St, Saco, ME 04072
      View Details
    • $25 SF/Yr
      1,508 SF

      Retail/Athletic Space in Saco

      1,508± SF retail/athletic space in a sports medicine complex.
      15 Lund Rd, Saco, ME 04072
      View Details
    • $6,900,000
      42,704 SF

      Freezer & Refrigerated Distribution Facility

      42,704± SF freezer/refrigerated distribution facility on 4.23± acres.
      12 Lund Rd, Saco, ME 04072
      View Details
    • Contact for pricing
      63,000 SF

      Industrial Build-to-Suit Opportunity, Saco

      63,000± SF build-to-suit industrial building on US Route 1.
      1016 Portland Rd, Saco, ME 04072
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    189 Main St
    Saco, ME 04072-1508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.