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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
    Zoning & alternative use
    B-2D · Saco, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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