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Bean Group
Offered at $355,000Active
beds
—
baths
0
sq ft
1,995
Built
2007

154 Main Street

Bridgton, ME 04009

About this home

Long-Term Healthcare Investment Opportunity - Lease Through 2029 This investment offering features a well-located commercial property in the heart of Bridgton, Maine, fully occupied by Saco Bay Orthopedic & Sports Physical Therapy, a nationally recognized healthcare provider and one of the largest outpatient rehabilitation networks in the United States. Saco Bay occupies the entire building under a Modified Gross lease that has been extended through December 2029, demonstrating a long-term commitment to the location. The lease includes cost of living increases, providing investors with consistent income growth and dependable cash flow. Strategically positioned on Main Street across from Renys, a well-established regional retailer and community destination, the property benefits from strong visibility and a location within one of Bridgton's primary commercial corridors. The surrounding area serves both year-round residents and seasonal visitors, supporting a healthy mix of retail, service, and professional businesses. Bridgton continues to experience growth driven by its desirable location, recreational amenities, and proximity to the Lakes Region and western Maine mountains. The area's increasing popularity among residents, visitors, and businesses supports long-term demand for quality commercial real estate. With a long-term lease extension in place, annual contractual rent increases, and an established healthcare tenant, this property presents an attractive opportunity for investors seeking stable income in a growing western Maine market. For investors seeking additional scale, the seller is also offering a second property leased to Saco Bay Orthopedic & Sports Physical Therapy, creating the opportunity to acquire multiple assets backed by the same established tenant.

Listing last checked: Listing updated:

Listed by Listing Agent · Keller Williams Coastal and Lakes & Mountains Realty · MLS #1668442

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Details at a glance

Interior3 property facts
Heating
Electric, Heat Pump
Cooling
Heat Pump
Flooring
Carpet, Tile
Building4 property facts
Style
Office
Year built
2007
Foundation
Slab
Roof
Shingle
Land & utilities4 property facts
Lot size
0.23 acres
Water
Public
Sewer
Public Sewer
Zoning
DowntownVillageBiz1
Financial3 property facts
Annual taxes
$4,096
Assessment year
2025
HOA fee
$350 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $355,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,136 / monthAdjust
Principal & interest
$1,795
Property tax
$341
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,096. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $350. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 154 Main Street

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Request a tour of 154 Main Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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