Land for Sale: 642-644 Main Street, Saco, ME 04072

$2,700,000
$2,700,000
642-644 Main Street, Saco, ME 04072
$2,700,000
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Price:
$2,700,000
$800,000 - 04/19/2022

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Type: Lot/Land
Lot Size: 18.65 acres
Taxes Paid: $1
City: Saco
County: York
MLS: 1473151
Status: Active
DOM: 211 days
Listed by Bean Group
Redevelopment opportunity for 18.65 +/- acres with 340' +/- frontage on Route 1 southbound with daily traffic count approaching 20,000. Its proximity to I195 ramp, 1/4 mile to the south is appealing. Dearth of available land in this section of Route 1, part of Saco's expanding central business district, makes this site even more inviting. Land is improved with a single-story 10,550 SF building and several vacant buildings. Portland Road District residential use density is 7,500 SF, but elderly/disable use density is 1,000 SF, thereby making the site conducive to a high-density residential development project. Two pad sites along Route 1 would be ideal for retail uses. Varied commercial uses are permitted. Pad sites are available.Qualifies for the Opportunity Zone Federal Investment Program. Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank (next door), Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, across the street, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south.

Lot & Building Features

Parking Description: 21+ Spaces, On Site
Tax Year: 21-22
Taxes Paid: $1
Water: Public

Price History of 642-644 Main Street, Saco, ME

Date Name Price Difference
04/19/2022 Price Adjustment $2,700,000 22.86%
10/23/2021 Listing Price $3,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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642-650 Main Street (MLS #1473151) is a lot/land listing located in Saco, ME. This is a lot/land listing with a lot of 852,905 sqft (or 19.58 acres). This property was listed on 10/16/2020 and has been priced for sale at $3,500,000.

Nearby zip codes are 03909, 04005, 04038, 04064 and 04074. This property neighbors other cities such as Biddeford, Gorham, Old Orchard Beach, Scarborough and York.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Bean Group

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. ©2022 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.