446 Main Street, Sanford, ME 04083 (MLS# 1658610)

Description

Prime mixed-use investment opportunity in the heart of downtown Springvale, ME! This well-maintained building features a fully leased first-floor commercial space currently occupied by a successful restaurant, offering strong and steady income. The second floor includes two spacious, fully rented 3-bedroom apartments, providing additional reliable revenue. With its quality construction, high-visibility location, and stable tenant base, this property is an exceptional opportunity for investors seeking a turnkey asset in a thriving downtown setting. Excellent location, solid returns, and long-term potential -- a must-see addition to any portfolio.

Supplements: ********

Location Information

Street #: 446 Street Name: Main Street Type: Street County: York Town: Sanford State/Province: ME Zip Code: 04083 Zip +4: 1884 Leased Land: No Book: 19219 Page: 943 Map: K15 Lot: 9 Zoning: Urban Zoning Overlay: Yes Association: No School District: Sanford Public Schools Full Tax Amount $: 4903 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 43.467059 Geo Lon: -70.797874

Contract Information

Status: Active Original List Price: 479900 List Price: $479,900 Current Price: $479,900

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Trustee Deed: All Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Number of Units: 3 Total Baths: 4 Total Full Baths: 2 Total Half Baths: 2 Color: Tan Year Built: 1940 SqFt Finished Above Grade: 4048 SqFt Finished Total: 4048 SqFt Source: Public Records Furniture: Unfurnished Garage: No Lot Size Acres +/-: 0.08 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 2 # Floors: 2 # Heating Units: 3 # Water Heaters: 2

Units

# of 1 BD Units: 1 # of 3 BD Units: 2

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1000 # of Half Baths: 2 # of Rooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 2050 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1950 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Corner Lot; Open; Sidewalks Location: Business District; Intown Roads: Paved Style: Colonial Levels: Multi-Level Construction: Masonry Basement: Full; Unfinished Basement Entry: Doghouse; Interior Foundation Materials: Block; Poured Concrete Exterior: Block; Vinyl Siding Roof: Membrane Heat System: Baseboard; Heat Pump; Hot Water Heat Fuel: Propane Water Heater: Electric; Off Heating System; Tank Cooling: Heat Pump Floors: Vinyl; Wood Driveway: Common; Gravel Parking: 1 - 4 Spaces; Off Site; On Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public