| Up North Realty Maine

446 Main Street, Sanford, ME 04083

$499,900
Property Type: Multi-Family Baths: 4 Square Footage: 4,048 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $499,900 List Date: 11/21/2025 Last Modified: 11/21/2025

Overview

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.

Listing Details MLS# 1644083

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

Contract Information

Original List Price
499900

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Trustee
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
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
SqFt Finished Below Grade
0
Garage Spaces
0

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
Yes
# of 3 BD Units
2

More Information

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
1950
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

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

Utilities

Utilities On
Yes

Site

Corner Lot
Yes
Open
Yes
Sidewalks
Yes

Location

Business District
Yes
Intown
Yes

Roads

Paved
Yes

Style

Colonial
Yes

Construction

Masonry
Yes

Levels

Multi-Level
Yes

Basement

Full
Yes
Unfinished
Yes

Foundation Materials

Block
Yes
Poured Concrete
Yes

Exterior

Block
Yes
Vinyl Siding
Yes

Roof

Membrane
Yes

Heat System

Baseboard
Yes
Heat Pump
Yes
Hot Water
Yes

Heat Fuel

Electric
Yes
Propane
Yes

Income & Expenses

Gross Income
60000
Operating Expenses
15000

Cooling

Heat Pump
Yes

Floors

Vinyl
Yes
Wood
Yes

Parking

1 - 4 Spaces
Yes
Off Site
Yes
On Street
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Common
Yes
Gravel
Yes

Basement Entry

Doghouse
Yes
Interior
Yes

Water Heater

Electric
Yes
Off Heating System
Yes
Tank
Yes

Vehicle Storage

No Vehicle Storage
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
Listing Office: Century 21 North East
IDX
Last Updated: November - 21 - 2025
Broker Attribution: 207-651-7188

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.