446 Main St Springvale, ME 04083
Estimated payment $2,984/month
Highlights
- Colonial Architecture
- Corner Lot
- Cooling Available
- Wood Flooring
- No HOA
- 3-minute walk to Pence Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,903
Year Built
- Built in 1940
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
- Open Lot
Home Design
- Colonial Architecture
- Block Foundation
- Membrane Roofing
- Vinyl Siding
- Masonry
Interior Spaces
- 4,048 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Parking
- Common or Shared Parking
- Gravel Driveway
- On-Street Parking
- Off-Site Parking
Location
- City Lot
Utilities
- Cooling Available
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number SANF-000009-K000015
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $15,000
- Gross Income $60,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,903 | $286,700 | $33,700 | $253,000 |
| 2024 | $4,627 | $286,700 | $33,700 | $253,000 |
| 2023 | $4,341 | $286,700 | $33,700 | $253,000 |
| 2022 | $4,243 | $286,700 | $33,700 | $253,000 |
| 2021 | $2,180 | $119,900 | $33,700 | $86,200 |
| 2020 | $2,306 | $114,400 | $33,700 | $80,700 |
| 2019 | $2,368 | $114,400 | $33,700 | $80,700 |
| 2018 | $2,345 | $114,400 | $33,700 | $80,700 |
| 2017 | $2,373 | $114,400 | $33,700 | $80,700 |
| 2016 | $2,420 | $106,400 | $27,200 | $79,200 |
| 2015 | $2,345 | $106,400 | $27,200 | $79,200 |
| 2014 | $2,300 | $106,400 | $27,200 | $79,200 |
| 2013 | -- | $106,400 | $27,200 | $79,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $499,900 | +66.6% | $123 / Sq Ft | |
| 04/07/2023 04/07/23 | Sold | $300,000 | -7.7% | $74 / Sq Ft | View Prior Sale |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- | |
| 02/21/2023 02/21/23 | For Sale | $325,000 | +21.5% | $80 / Sq Ft | |
| 06/30/2022 06/30/22 | Sold | $267,500 | -10.5% | $66 / Sq Ft | View Prior Sale |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- | |
| 05/27/2022 05/27/22 | For Sale | $299,000 | -- | $74 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,800 | New Conventional |
Source: Maine Listings
MLS Number: 1644083
APN: SANF-000009-K000015
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Ask me questions while you tour the home.
