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
Multi Family
Built in 1940
-- sqft lot
$464,400 Zestimate®
$119/sqft
$-- HOA
What's special
- 53 days |
- 184 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Century 21 North East 207-651-7188
Source: Maine Listings,MLS#: 1658610
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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 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, Poured Concrete
- 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
- Road surface type: Paved
Estimated market value
$464,400
$441,000 - $488,000
$1,848/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 | $106,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- York County
- Springvale
- 04083
- 446 Main Street








