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860 Main St
Sanford, ME 04073

$985,000 USD

Office Residential For Sale  •  6,240 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 6,240 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 1950
  • Cap Rate 7.40 %
  • Tenancy Multiple
  • Zoning UB
0 Transit Score
83 Walk Score

Highlights

2nd Floor consists of 4 leased 2 br 1 ba apartment units
1st Floor consists of 2 - 4 Commercial office units -formerly built as 4 apartements-most full bathrooms still exists
Owner recently 2023 occupied 1 office unit (1/2 of 1st floor) sold business 2023

Property Flyers

Financial Summary (Actual)

Net Operating Income: $65,158 USD (2023)
Cap Rate: 7.40 %
Total Expenses: $27,842 USD

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Portland International Jetport 44 min - 31.5 mi
Portsmouth International at Pease 55 min - 35.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
John Anderson 207-205-0102 Investcomm Commercial Group
John Anderson 207-205-0102 Investcomm Commercial Group