5 Water StreetSanford, ME 04083MLS Number 1580236

  • Sale Price: $1,300,000
  • 260 Days Since Sale
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Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
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5 Water Street Sanford ME 04083
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  • 2.78Acreage
  • 1920Year Built
  • 68,504Square Feet

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Two Buildings - Partially Occupied, Month to Month Building 1 8,800 sf partially heated warehouse with 3 overhead doors and loading dock. Currently operating as an office and warehouse for owner's business use. Building 2 60,000 sf 4 story (consisting of 15 ,000 +- sf per floor) former spinning mill and retail shop. 2 floors are currently operating as a yarn spinning business with a Month to Month Lease. Bonus cell tower lease is in place, adds to Buyer's income. 1st floor has several built offices and a large industrial space. This well maintained building is in great working condition, was just recently fully operating as Jagger Brothers Worsted Spinners. All floors equipped with bathrooms, and heat, the building is fully sprinkled, brick walls, hard wood floors and a cargo elevator. Tenants (wool spinning business) are in place leasing 2nd and 3rd floors on a month to month basis. Tenant is flexible to remain leasing, move and lease the warehouse building or move out completely.
Listed by Investcomm Commercial Group

Sold by Malone Commercial Brokers, Inc.

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More Info

Basic Information

  • Documents Available Property Disclosure Public Access
  • Property Uses Manufacturing, Office Building

Location

  • Address5 Water Street
  • Building Number5
  • CountyYork
  • Latitude43.467861
  • Longitude-70.79606
  • StateME
  • StreetWater Street
  • TownSanford
  • Zip04083

Property

  • Water ViewYes

Utilities

  • Electric Three Phase
  • Heat SystemMulti-Zones
  • Heating FuelOil
  • Heating YN Yes
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed01/10/2024
  • View Count29

Tax Information

  • Tax Book Number 1320
  • Tax Lot35
  • Tax Map Number K14
  • Tax Year 2023
  • Taxes$20,454

Building

  • Building ConstructionBrick, Masonry
  • Building FeaturesElevator Freight, Loading Docks 1 - 4, Sprinkler - Wet
  • Commercial Bldg Information Ceiling Height 12
  • Commercial Bldg Information Confidentiality Statement Yes
  • Year Built1920

Exterior

  • Exterior Brick

Amenities

  • Mls StatusClosed
  • Other AmenitiesFireplace, Dock

Legal

  • ZoningIR

Photos

  • Number of Photos5

Parking

  • Parking Features Gravel,21+ Spaces, On Site, On Street

Basic Information

  • Agent ID016570
  • Broker ID2996
  • Broker NameInvestcomm Commercial Group
  • List Price$1,300,000
  • LocationTypeDowntown, Near Shopping, Water View
  • MLS Number1580236
  • Modification Date04/30/2024
  • Property SubTypeMixed Use
  • Sale Date04/30/2024
  • Sale Price$1,300,000

Interior

  • Flooring Wood, Concrete

Property Information

  • Acreage2.78
  • Lot Features Water View, Downtown, Near Shopping
  • Lot Size Area 2
  • Lot Size Square Feet 121,096
  • Lot Size Units Acres
  • Square Feet68,504
CENTURY 21 Atlantic

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CENTURY 21 Atlantic
Office: 207-363-4053
433 US Route One
Suite 101
York, ME 03909

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

CENTURY 21 Atlantic participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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