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Property profile & analytics
OFF-MARKET Estimated value $565,000
Commercial land

507 Main St Saco, ME 04072-2537

4,308 SF 1.78 ac lot Built 1992
Entity Owned 16-yr Hold Free & Clear
Property ID
US42-0108477
Property summary
AI-generated overview

This exceptional 1,400 square foot retail space is ideally situated at 507 Main Street in the vibrant city of Saco, Maine. Located in York County, this single-tenant property presents a fantastic opportunity for a business seeking a high-visibility location. The entire 1,400 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to perfectly suit their needs. The property's Main Street address ensures excellent foot traffic and exposure to a bustling community. This is a prime opportunity for a retailer looking to establish or expand their presence in a thriving market. The property is classified as commercial retail and offers a single tenancy, providing a unique and independent business environment. The address is 507 Main Street, Saco, ME 04072. The property's size and location make it suitable for a wide range of retail businesses. The building's total square footage is 1,400 square feet, all of which is available for lease. This presents a rare opportunity to secure a substantial retail space in a desirable location. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The property is ready for immediate occupancy.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,308 SF
Lot 1.78 ac (77,537 SF)
Zoning code B-2D
APN SACO M:033 L:002 U:001-000
UPID US42-0108477
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chipotle Mexican Grill Take-out & Catering Catering Service
  • Jersey Mike's Subs Take-out & Catering Catering Service
  • Pizza Hut Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$419k
Blend (final) Blend
$565k
Owner & transaction history
507 Main St LLC · 16 yrs held
507 Main St LLC
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
B-2D · Saco, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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