Office / Retail For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30798163
Property Subtypes: Mixed Use, Street Retail, Other
Building Size (RSF): 42,086 SF
Gross Building Area: 56,256 SF
Gross Land Area: 0.19 Acres
Sale Price: $1,650,000
Unit Price: $39.21 PSF
Property Use Type: Investment, Business
Building Name: Sanford Bank & Trust Building
Usable Size (USF): 42,086 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2022

Overview / Comments

Rare opportunity to purchase the Sanford Trust Company building! Developers take note! Over 27,000 square feet of high visibility space in the heart of downtown Sanford. With a drive thru! Top floor was formerly home to a catering company and event space, with a fully equipped kitchen. Abundant office space and artists studios. Aroma Joe's currently occupies one of the street level units. Desirable street level units are available, and ample redevelopment opportunities exist at this well-known property.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Submarket Type: Other
Tax ID/APN: 31230_K29-38A
Zoning: BUS
Property Visibility: Excellent
Highway Access: I-95
Airports: Sanford Regional Airport
Number of Stories: 4
Typical SF / Floor: 5,700 SF
Year Built: 1915
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: On-street parking. Municipal parking lot.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Baseboard, Central, Ceiling Units
Air Conditioning: Engineered System, Package Unit, Window Unit
Internet Access: Cable, Fiber Optic
Lot Frontage: 113
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,706 16,451 24,821
Median Age: 36.39 39.83 41.29
Households: 1,109 6,807 10,087
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