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Financial
Distress signals
Property profile

209 Main St Saco, ME 04072

FOR LEASE
Office buildings
Property ID
US42-0427466
19,092 SF 0.4 ac lot Built 1837
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office building located at 209 Main Street in downtown Saco, Maine, with access to public transportation including the Amtrak Downeaster and convenient connectivity to I-95. It includes a 1,222± square-foot office/studio space on the third floor and also provides smaller executive office suites within the building. On-site parking is available for building occupants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$23k
Tax billed · 2022
Assessed value$1.23M
Assessed land$210k
Assessed improvement$1.02M
Effective rate1.83%

Value estimate

· Oct 2026
$2.40M
$2.16M – $2.63M
Submarket $/SF estimate$2.23M
NOI build-up
Gross scheduled income$477k
Vacancy & credit loss−$60k
Operating expenses−$104k
NOI · 1,737,372.22% cap applied$313k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$117 – $259
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,737,372.22%
$313k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
JurisdictionSACO

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.4
Computer & Electronic Repair9.3
Watch Repair Shop8.7

Location

209 Main St Saco, ME 04072
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
445 Main, Saco, ME 04072-2539 $535,000 Mar 2025 3,682 SF
292 Main, Saco, ME 04072-1513 $330,000 Jan 2025 1,288 SF
895 Portland, Saco, ME 04072-9673 $1,050,000 Feb 2024 6,770 SF
18 Pepperell, Saco, ME 04072-3390 $550,000 Aug 2023 3,552 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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