Active

$499,900

446 Main Street, Sanford, ME 04083

6beds

4,048sqft

Est.:

Multi Family

Built in 1940

-- sqft lot

$482,000 Zestimate^®

$123/sqft

$-- HOA

What's special

High-visibility location

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.

139 days

411

23

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,Full,Unfinished

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

Parking

Parking features: Common, Gravel, 1 - 4 Spaces, Off Site, On Street
Has uncovered spaces: Yes

Features

Levels: Multi/Split
Stories: 2

Lot

Size: 3,484.8 Square Feet
Features: Business District, City Lot, Corner Lot, Open Lot, Sidewalks

Details

Parcel number: SANFM0K15B9
Zoning: Urban

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Masonry, Block, Vinyl Siding
Foundation: Block
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: $123/sqft
Tax assessed value: $286,700
Annual tax amount: $4,903
Date on market: 11/21/2025
Road surface type: Paved

Estimated market value

$482,000

$458,000 - $506,000

$2,122/mo

Price history

Date	Event	Price
11/21/2025	Listed for sale	$499,900+66.6%$123/sqft
Source: Maine Listings #1644083 Report a problem
4/7/2023	Sold	$300,000-7.7%$74/sqft
Source: Maine Listings #1552710 Report a problem
2/23/2023	Pending sale	$325,000$80/sqft
Source: Maine Listings #1552710 Report a problem
2/21/2023	Listed for sale	$325,000+21.5%$80/sqft
Source: Maine Listings #1552710 Report a problem
6/30/2022	Sold	$267,500-10.5%$66/sqft
Source: Maine Listings #1530143 Report a problem
6/7/2022	Pending sale	$299,000$74/sqft
Source: Maine Listings #1530143 Report a problem
5/27/2022	Listed for sale	$299,000$74/sqft
Source: Maine Listings #1530143 Report a problem
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