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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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176 Main St , Norway, ME 04268
$375,000
Est. Payment: $833.33/mo
0 Bed
0 Bath
4178 Sqft
Status: Pending | Days on site: 69
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2073 - 019120
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House Description

Medical Office Investment Opportunity - Lease Through 2029 - Additional Income Potential This investment offering features a well-located commercial property in the heart of Norway, Maine, anchored by Saco Bay Orthopedic & Sports Physical Therapy, a nationally recognized healthcare provider. The tenant occupies the majority of the approximately 4,178± square foot building under a Gross lease recently renewed through December 2029, providing stable occupancy and dependable income. Additional space within the building is available for lease, creating the potential for increased revenue through a second tenant. Shared common areas support efficient building operations while offering flexibility for future occupancy needs. Strategically positioned on Main Street directly across from MaineHealth Stephens Hospital, the property benefits from exceptional visibility and a location within one of the region's established healthcare corridors. The surrounding area features a mix of professional offices, retail businesses, restaurants, and community services that support consistent traffic and long-term demand. Norway and neighboring communities, including Oxford, have experienced continued residential and commercial growth, further strengthening the area's economic outlook. Saco Bay Orthopedic & Sports Physical Therapy is part of one of the nation's largest outpatient rehabilitation networks, adding the strength and stability of a well-established healthcare tenant to the investment profile. With a long-term lease in place, additional leasable space, and a highly visible location, this property presents a compelling investment opportunity with both stable income and future upside potential. 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.

Highlights

Listed by Lisa Church , 207-329-3429 Keller Williams Coastal and Lakes & Mountains Realty , 603-610-8500.

Property Type

Commercial Sale

Lot/Acreage
0.66

Year Built

1900

County

Oxford

Listing ID

1668449

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Carpet,Vinyl,Wood
Basement:Partial,Unfinished
Other:
  • Additional:Storage
Water:Public

Exterior Features

Lot:Business District,Downtown,Near Shopping
Zoning:NA
Roof:Metal,Shingle
Sewer:Public Sewer
Parking Features:5 - 10 Spaces
Principal Interest
$833
Taxes
$552

Home Price

$375,000

Loan Details

30 yrs
%

Down Payment

20%
$75,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $833.33 $552.42 $0.00 $1,385.75
Yearly $10,000.00 $6,629.00 $0.00 $16,629.00
Total $300,000.00 $198,870.00 $0.00 $498,870.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Norway, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.