650 Main ST Saco, ME 04072
$600,000
Baths | 5,808 Sq Ft
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Area
Info
Walk Score
33
Price: $600,000
$25,000 - 08/19/2017
Est. payment:
Type: Commercial
Style: Other Style
Square Feet: 5808 sqft
Lot Size: 0.93 acres
Year Built: 1955
Taxes Paid: $9,136
Area: Saco
County: York
MLS: 1247430
Status: Active
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Listed well below replacement cost for this 20-unit vacant motel with 203' +/- on Rt. 1. Where else can a buyer acquire 20 units with great cash flow potential operating as a weekly motel rental at this list price? Its long-term potential is likely as medical or retail use with drive-thru which are permitted in this business-friendly B-2b zone. Site enjoys strong Rt. 1 visibility, high traffic count exceeding 21,000 daily and located just north of I195 ramp. Abutting land is available too.

Room Features

Basement Description: Full, Unfinished, Walk-Out

Lot & Building Features

Construction: Wood Frame
Cooling: A/C Units
Heat Source: Oil
Heating: Baseboard
Parking Description: 21+ Spaces, On Site, PAVED
Tax Year: 2015
Taxes Paid: $9,136
Water: Public
Water Heater: TANK

Price History

Date Name Price Difference
08/19/2017 Price Adjustment $600,000.00 4.00%
08/01/2016 Price Adjustment $625,000.00 21.38%
11/29/2016 Listing Price $795,000.00 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Community and School Information

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Map(s) 650 Main ST

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Recent Home Sale in the Area
Comparable Properties in the Area sold in 2017
Sq. Ft. City Beds Baths Sold Price $/SF
7,126 Old Orchard Beach 0 0.0 $755,000 $106

650 Main ST (MLS #1247430) is a other style commercial listing located in Saco, ME. This commercial listing is on a lot of 40,511 sqft (or 0.93 acres) and is 62 years old. This property was listed on 11/29/2016 and has been priced for sale at $600,000.

The commercial listing at 20 Portland AVE in Old Orchard Beach is comparable and sold for $775,000 on 03/03/2017.

Nearby zip codes are 04005, 04006, 04043, 04046 and 04073. This property neighbors other cities such as Biddeford, Hollis, Kennebunk, Kennebunkport and Sanford.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: The Maine Real Estate Network

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2017 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.

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©2017 MLS Property Information Network, Inc; The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. Maine Real Estate Information System, Inc. All Rights Reserved. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.

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