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$355,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 154 Main St
General
- Price: $355,000
- HOA FEE: $29/month
- HOA FEE FREQ.: Annually
- Taxes: $4,095 (2025)
- Status: Active
- Type: Office
- Source: MREIS
- MLS ID: 1668442
- Updated: 6/22/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Office Building, Commercial
Interior
- Interior Features: Storage
- Flooring: Carpet, Tile
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 5 - 10 Spaces, Paved, On Street, Off Street
Location
- County: Cumberland
Community
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: None, Slab
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,995
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Zoning: DowntownVillageBiz1
- Lot Description: Business District, Downtown, Near Shopping
Financial Considerations
- Association Fee: $350
- Assoc Fee Freq.: Annually
- Tax Amount: $4,095.93
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 31
Listed by Keller Williams Coastal and Lakes & Mountains Realty (603) 610-8500
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Schools
Schools serving 154 Main St
School District:School Administrative District 61
| Name | Grades | Distance |
|---|---|---|
Stevens Brook School 14 Frances Bell Drive, Bridgton, ME 04009 | K-5 | 0.3 mi |
Lake Region Middle School 204 Kansas Road, Naples, ME 04055 | 6-8 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 154 Main St
Date
Details
Price
Change
Source
6/22/2026
Listed
$355,000
104.02%
MLS
7/16/2007
Sold
$174,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 154 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,096
23%
$496,476
154%
2024
$3,338
-1%
$195,785
—
2023
$3,368
13%
$195,785
—
2022
$2,976
3%
$195,785
—
2021
$2,898
-1%
$195,785
—
2020
$2,927
—
$195,785
—
2019
$2,937
1%
$195,785
—
2018
$2,898
-3%
$195,785
—
2017
$2,996
3%
$195,785
—
2016
$2,907
-2%
$195,785
-10%
2015
$2,978
-2%
$216,600
—
2014
$3,045
4%
$216,600
—
2013
$2,931
—
$216,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 154 Main St
154 Main Street, Bridgton, ME 04009 (MLS# 1668442) is a Office property. 154 Main Street is currently listed for $355,000 and was received on June 22, 2026. Want to learn more about 154 Main Street? Do you have questions about finding other Office real estate for sale in Bridgton? You can browse all Bridgton real estate or contact a Coldwell Banker agent to request more information.

