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1247 Main St
Sanford, ME 04073
Sanford Plaza · Retail Property For Sale
EXECUTIVE SUMMARY
Sanford Plaza is a well-established, 98,282 +/- square-foot retail shopping plaza strategically located along Main Street (Route 109), a primary commercial corridor in Sanford, Maine. The plaza benefits from strong visibility, easy access, and a high-traffic location in one of southern Maine’s fastest-growing communities.
Sanford Plaza represents a rare opportunity to acquire a stabilized retail asset with strong tenants, long-term income security via inline and ground leases, and future upside potential in a growing market. Ideal for investors seeking immediate cash flow and durable retail tenancy in a supply-constrained regional market.
Sanford Plaza represents a rare opportunity to acquire a stabilized retail asset with strong tenants, long-term income security via inline and ground leases, and future upside potential in a growing market. Ideal for investors seeking immediate cash flow and durable retail tenancy in a supply-constrained regional market.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Supermarket
Property Size
92,282 sq ft
Costar Property Class
B
Year Built/Renovated
1965/1982
Price
£4,110,205
Price per sq ft
£44.54
Yield
7.96%
NOI
£327,322
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
5 Exterior
Plot ratio
0.19
Total Plot Size
11.00 ac
Use Class
SB
Parking
460 Spaces (4.98 Spaces per 1,000 sq ft Leased)
Frontage
659 ft on Main St
AMENITIES
- Pylon Sign
- Signalised Intersection
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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