38 Rainbow Lane

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38 Rainbow Lane

Sanford, ME 04073
Asking Price
$2.60M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront facility totaling 36,379 square feet available for purchase.
  • Property is listed with an asking price of 2,600,000 dollars.
  • Located at 38 Rainbow Lane within the city of Sanford, Maine.
  • The site supports diverse retail use cases in a regional market.
  • Positioned within York County to serve a steady local population.

What's Special

This retail storefront spans 36,379 square feet and is currently available for purchase at 38 Rainbow Lane in Sanford, Maine. The property serves as a functional asset within a regional market that balances suburban growth with consistent commercial activity. Its substantial footprint provides flexible options for a variety of retail operators or businesses looking for a significant physical presence in the area. Sanford functions as a hub for York County, providing necessary access for residents and surrounding communities throughout this part of the state. The facility is well-positioned to support high-volume operations or multi-tenant configurations given its expansive floor plate. Investors and business owners will find this location suitable for establishing a long-term presence in a steady New England market, catering to a stable local demographic. The configuration of the building allows for streamlined logistics and customer access, aligning with the operational requirements of modern retail establishments.

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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577

Location & Travel Times