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$375,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 176 Main St
General
- Price: $375,000
- Taxes: $6,629 (2025)
- Status: Active
- Type: Office
- Source: MREIS
- MLS ID: 1668449
- Updated: 6/22/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Office Building, Commercial, Flex, Other
Interior
- Interior Features: Storage
- Flooring: Carpet, Vinyl, Wood
Parking
- Parking Features: 5 - 10 Spaces
Location
- County: Oxford
Heating & Cooling
- Heating Type: Oil, Baseboard, Hot Water, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Shingle Siding
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Roof: Metal, Shingle
- Stories/Levels: 0
- Square Feet: 4,178
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.66
- Lot Size (Sq. Ft.): 28,749.6
- Zoning: NA
- Lot Description: Business District, Downtown, Near Shopping
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $6,629
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 32
Listed by Keller Williams Coastal and Lakes & Mountains Realty (603) 610-8500
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Schools
Schools serving 176 Main St
School District:School Administrative District 17
| Name | Grades | Distance |
|---|---|---|
Guy E Rowe School 219 Main Street, Norway, ME 04268 | PK-6 | 0.2 mi |
Oxford Hills Middle School 100 Pine Street, Paris, ME 04271 | 7-8 | 1.2 mi |
Oxford Hills Comprehensive High School 256 Main Street, Paris, ME 04271 | 9-12 | 0.3 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 176 Main St
Date
Details
Price
Change
Source
6/22/2026
Listed
$375,000
—
MLS
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 176 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,629
14%
$325,276
—
2024
$5,796
21%
$325,276
—
2023
$4,782
4%
$325,300
—
2022
$4,587
1%
$325,300
25%
2021
$4,528
-1%
$259,500
—
2020
$4,554
—
$259,500
—
2019
$4,554
2%
$259,500
—
2018
$4,463
—
$259,500
—
2017
$4,463
8%
$259,500
—
2015
$4,126
5%
$259,500
—
2014
$3,944
3%
$259,500
—
2013
$3,815
—
$259,500
—
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 176 Main St
176 Main Street, Norway, ME 04268 (MLS# 1668449) is a Office property. 176 Main Street is currently listed for $375,000 and was received on June 22, 2026. Want to learn more about 176 Main Street? Do you have questions about finding other Office real estate for sale in Norway? You can browse all Norway real estate or contact a Coldwell Banker agent to request more information.

