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

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: ********

More Information MLS# 1644083

Location Information

Book: 19219 Leased Land: No Page: 943 Map: K15 Lot: 9 Zoning Overlay: Yes Association: No School District: Sanford Public Schools Tree Growth Y/N: No Street #: 446 Street Name: Main Street Type: Street County: York Town: Sanford State/Province: ME Zip Code: 04083 Zip +4: 1884 Zoning: Urban Full Tax Amount $: 4903 Tax Year: 2025 Geo Lat: 43.467068 Geo Lon: -70.797881

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 3 Deed/Conveyance Type Offered: Trustee Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.08 Total Baths: 4 Total Half Baths: 2 Color: Tan SqFt Finished Above Grade: 4048 SqFt Finished Below Grade: 0 SqFt Source: Public Records Furniture: Unfurnished Garage: No Garage Spaces: 0 Total Full Baths: 2 Year Built: 1940 SqFt Finished Total: 4048 Source of Acreage: Public Records

Site

Corner Lot: 1 Open: 1 Sidewalks: 1

Location

Business District: 1 Intown: 1

Roads

Paved: 1

Water Info

Water Frontage: No Water View: No

Style

Colonial: 1

Construction

Masonry: 1

Levels

Multi-Level: 1

Basement

Full: 1 Unfinished: 1

Foundation Materials

Block: 1 Poured Concrete: 1

Exterior

Block: 1 Vinyl Siding: 1

Roof

Membrane: 1

Heat System

Baseboard: 1 Heat Pump: 1 Hot Water: 1

Building Info

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

Heat Fuel

Electric: 1 Propane: 1

Income & Expenses

Gross Income: 60000 Operating Expenses: 15000

Cooling

Heat Pump: 1

Floors

Vinyl: 1 Wood: 1

Units

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

Parking

1 - 4 Spaces: 1 Off Site: 1 On Street: 1

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

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1950 # Full Baths: 1 # 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

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 2050 # Full Baths: 1 # 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

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Common: 1 Gravel: 1

Basement Entry

Doghouse: 1 Interior: 1

Water Heater

Electric: 1 Off Heating System: 1 Tank: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 499900 List Price: $499,900 Current Price: $499,900

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

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