About this home
Seize the opportunity to own an iconic, historic brick building in the heart of downtown Saco, Maine. This fully leased property is offered at an exceptional value, delivering immediate income. With a NNN lease structure, this asset provides stability, minimal management, and makes a strong addition to any investment portfolio. A rare chance to acquire a landmark brick building in downtown Saco, Maine. Fully leased and priced to sell, this NNN investment offers reliable cash flow and long-term value. An ideal opportunity for investors seeking a low-maintenance, income-producing asset in a prime location. Own a piece of Saco's history. This iconic downtown brick building is fully leased, attractively priced, and structured as a NNN investment, providing immediate income and long-term portfolio strength.
Listing last checked: Listing updated:
Listed by Listing Agent · F.O. Bailey Real Estate · MLS #1648723
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior3 property facts
- Heating
- Direct Vent Furnace
- Cooling
- Central Air
- Flooring
- Wood, Carpet
Building4 property facts
- Style
- Office
- Year built
- 1890
- Foundation
- Concrete Perimeter
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.05 acres
- Water
- Public
- Sewer
- Private Sewer
- Zoning
- 000
Financial2 property facts
- Annual taxes
- $6,939
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $995,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,610 / monthAdjust
- Principal & interest
- $5,031
- Property tax
- $578
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,939. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
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.
Explore more of Saco
Continue your search in Saco.
Need help making sense of this home?
About 190 Main Street
Can I request a private showing?
Request a tour of 190 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?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.