911 Main Street

Sanford, ME 04073

MLS ID# 1588389 Active

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$799,900

7028 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details

Description

Mixed Use Downtown Investment Property. This 8 unit building is located in the heart of Sanford's City Center. The building offers a large 1st floor commercial space. The commercial space is leased to a retail shop opening June 1, 2024. The 2nd and 3rd floors consist of 7 one bedroom and efficiency apartments. The building is fully occupied. The building is in generally good over all condition and in good standing with the City of Sanford rental ordinance. Many improvements have been made over the past 15 years. A new rubber membrane roof was installed in April 2024. New whole building hot water heater March 2024. The building has a whole building fire suppression and fire alarm system. This is an excellent turn-key investment property. Mixed Use Downtown Investment Property. This 8 unit building is located in the heart of Sanford's City Center. The building offers a large 1st floor commercial space. The commercial space is leased to a retail shop opening June 1, 2024. The 2nd ... show more

Location Information

• Street # 911
• Street Name Main
• Street Type Street
• County York
• Town Sanford
• State/Province ME
• Zip Code 04073
• Zip +4 3565
• Leased Land No
• Book 18589
• Page 532
• Map K30
• Lot 30
• Zoning UB
• Zoning Overlay Yes
• Tax ID SANF-000030-K000030
• Association No
• Full Tax Amount 7361
• Tax Year 2023

Property Information

• Surveyed Unknown
• Seasonal No
• Owner Occupied No
• Short Sale Continue to Show No
• Deed/Conveyance Type Offered Warranty
• Deed All
• Deed Restrictions Unknown
• Bank Owned REO No
• 2 Detached Houses on 1 Lot No
• Number of Units 8
• Total Baths 8
• Total Full Baths 7
• Total Half Baths 1
• Color Yellow
• Year Built 1890
• SqFt Finished Above Grade 5695
• SqFt Finished Below Grade 1333
• SqFt Finished Total 7028
• SqFt Source Public Records
• Garage No
• Lot Size Acres +/- 0.08
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2%

Directions

Main St Downtown Sanford

Details

• Site

  Sidewalks

• Roads

  Public

• Transportation

  Major Road Access

• Water Info

  No Water Frontage, No Water View

• Building Info

  # Floors:3, # Heating Units:1, # Water Heaters:1

• Income & Expenses

  Gross Income:98400, Operating Expenses:28727

• Units

  # of 1 BD Units:8, # of 2 BD Units:0, # of 3 BD Units:0, # of 4+ BD Units:0

• Unit 1

  No Lease, Level:Second, Security Deposit, Monthly Rent:1000, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:Second, Security Deposit, Monthly Rent:1000, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  No Lease, Level:Second, Security Deposit, Monthly Rent:1000, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  No Lease, Level:Third, Security Deposit, Monthly Rent:1000, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 5

  Lease, Level:Third, Security Deposit, Monthly Rent:1000, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 6

  Lease, Level:Third, Security Deposit, Monthly Rent:1000, # Full Baths:1, # Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 7

  Lease, Level:Third, Security Deposit, Monthly Rent:1000, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 8

  Lease, Level:First, Security Deposit, Monthly Rent:1200, # Full Baths:0, # Half Baths:1, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, No Range, No Refrigerator, Sewer, Water

• Style

  Multi-Level

• Construction

  Wood Frame

• Basement

  Full

• Basement Entry

  Interior

• Exterior

  Vinyl Siding

• Roof

  Membrane

• Heat System

  Radiator, Steam

• Heat Fuel

  Oil

• Water Heater

  Oil, Tank

• Cooling

  None

• Floors

  Carpet, Tile, Vinyl, Wood

• Driveway

  Paved

• Parking

  1 - 4 Spaces, Off Street

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  Natural - At Street

• Sewer

  Public Sewer

• Water

  Public