$499,000 Price Analysis    ♡   Sanford, ME 04083 Unknown bed 4 bath 7,641 SqFt ($65/SqFt) 5,663SqFt lot. Built 1856 Listed 2024-03-18, Taxes $6,152 | ✓ USDA Eligible near Sanford, ME Restrictions may apply due to home size |
FOR SALE AN ENTIRE BUILDING WITH APTS
RESTUARTANT AND PARTIALLY FINISHED ON 3RD FLOOR. Own or lese out your own Sports bar, Pub, Pizza place or retail space with pizza oven PLUS 2 apartments (see town for OP) and partially finished 3rd floor for potentially 1- 2 more apartments (need town approval). The 1st floor commercial space has over 2916 sq ft., a bar, large kitchen and large basement. 2nd floor has been used as 2 good sized apartments (apx 1200 sq ft each) for potential rental income or staff quarters. TAX CARD shows 5 bedrooms. 6 deeded parking spaces at the Library plus on street free parking. Restaurant was renovated within the last 5+-years. Ent ire building renovated over past 10+- years. HUGE restaurant space has 3 sections including seating, bar and beer garden type sun area. Would be fantastic for special events or overflow. Turn Key for restaurant with bar, water, kitchen and a huge basement. Located at Heritage Place in Springvale. Urban Zone PRI COMM MDL-94. Oil heat for restaurant and electric heat for 2nd and 3rd floors, sprinkler systems all 3 floors. Historic Building built 1856 known as the Bradford Block building. Modern meets historic. Lets make some money!!!
The numbers work but going to need some work with the town, rehab cash and paint. Excellent location and building for those with vision.
Presented by Bonnie Dridi at
EXP Realty.
Property MLS #4988384 from PrimeMLS
Heating Fuel: Oil
Roads: Public
Lot Size Square Feet: 5663
Middle School: Sanford Junior High School
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: ME-York
Directions: Located Springvale across the street from Walgreens and next to the court house and theatre. Take route 11a to Springvale building on left, parking in front or across the street. Building comes with 3 parking spaces adjacent for tenants, 2 behind kitchen and deed has 6 near library.
Tax Year: 2024
Source Property Type: Multi-Family
Source Neighborhood: SPRINGVALE
Property Location: Business District, Historic District, Near Shopping
Subdivision: SPRINGVALE
Zoning: PRI COMM MDL-94
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $372,300 + $43,400 $415,700 | $6,152 |
| 2021 | $173,800 + $43,400 $217,200 | $3,949 |
| 2020 | $163,100 + $43,400 $206,500 | $4,163 |
| 2019 | $163,100 + $43,400 $206,500 | $4,275 |
| 2018 | $134,300 + $43,400 $177,700 | $3,643 |
| 2017 | $134,300 + $43,400 $177,700 | $3,685 |
| 2016 | $115,200 + $34,200 $149,400 | $3,397 |
| 2015 | $115,200 + $34,200 $149,400 | $3,293 |
| 2014 | $115,200 + $34,200 $149,400 | $3,230 |
$499,000
PrimeMLS
Price Changed 2024-03-22
$524,900
PrimeMLS
Listed 2024-03-18
$549,900
PrimeMLS
Sold 2017-08-25
$328,000
Public Record
Sold 2011-08-30
$121,875
Public Record
Year Built: 1856
Above Grade Finished Area: 7116
Above Grade Unfinished Area: 2100
BelowGradeFinishedArea: 525
Below Grade Unfinished Area: 1575
Construction Materials: Wood Frame
Foundation Details: Concrete
Property Age: 168
Property Condition: Existing
Roof: Shingle
Levels or Stories: 4
Total Area Sqft: 11316
Architectural Style: Colonial, Federal
Sewer: Public
Underground Utilities
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.