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.
Active
$479,900
446 Main Street, Sanford, ME 04083
6beds
4,048sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$473,300 Zestimate®
$119/sqft
$-- HOA
What's special
- 14 days |
- 169 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Century 21 North East 207-651-7188
Source: Maine Listings,MLS#: 1658610
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Baseboard, Heat Pump, Hot Water
Cooling
- Heat Pump
Features
- Flooring: Vinyl, Wood
- Basement: Doghouse,Interior Entry
Interior area
- Total structure area: 4,048
- Total interior livable area: 4,048 sqft
- Finished area above ground: 4,048
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 3,484.8 Square Feet
- Features: Business District
Details
- Parcel number: SANFM0K15B9
- Zoning: Urban
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Roof: Membrane
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Springvale
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $286,700
- Annual tax amount: $4,903
- Date on market: 4/21/2026
Estimated market value
$473,300
$450,000 - $497,000
$1,959/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $479,900-4%$119/sqft |
Source: | ||
| 4/11/2026 | Listing removed | $499,900$123/sqft |
Source: | ||
| 11/21/2025 | Listed for sale | $499,900+66.6%$123/sqft |
Source: | ||
| 4/7/2023 | Sold | $300,000-7.7%$74/sqft |
Source: | ||
| 2/23/2023 | Pending sale | $325,000$80/sqft |
Source: | ||
| 2/21/2023 | Listed for sale | $325,000+21.5%$80/sqft |
Source: | ||
| 6/30/2022 | Sold | $267,500-10.5%$66/sqft |
Source: | ||
| 6/7/2022 | Pending sale | $299,000$74/sqft |
Source: | ||
| 5/27/2022 | Listed for sale | $299,000$74/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/16/2019 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 4/14/2019 | Listed for rent | $950 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,341 | $286,700 |
| 2023 | $4,341 +2.3% | $286,700 |
| 2022 | $4,243 +94.6% | $286,700 +139.1% |
| 2021 | $2,180 | $119,900 |
| 2020 | $2,180 -7.9% | $119,900 +4.8% |
| 2019 | $2,368 +1% | $114,400 |
| 2018 | $2,345 -1.2% | $114,400 |
| 2017 | $2,373 -1.9% | $114,400 +7.5% |
| 2016 | $2,420 +3.2% | $106,400 |
| 2015 | $2,345 +1.9% | $106,400 |
| 2014 | $2,300 | $106,400 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,823/mo
Principal & interest
$2475
Property taxes
$348
More affordability tools
Climate risks
Neighborhood: 04083
Nearby schools
GreatSchools rating
- 5/10Carl J Lamb SchoolGrades: PK-4Distance: 1 mi
- 4/10Sanford Middle SchoolGrades: 5-8Distance: 1.2 mi
- NASanford Regional Technical CenterGrades: Distance: 4.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- York County
- Springvale
- 04083
- 446 Main Street








