Lot/Land for Sale: 642-650 Main Street, Saco, ME 04072

$3,500,000
$3,500,000
642-650 Main Street, Saco, ME 04072
$3,500,000
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Walk Score
35
Price:
$3,500,000

Type: Lot/Land
Lot Size: 19.58 acres
Taxes Paid: $42,277

City: Saco
County: York

MLS: 1473151
Status: Active
DOM: 44 days
Listed by Bean Group
Redevelopment opportunity for 19.58 +/- acres with 543' +/- 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. The dearth of available land in this section of Route 1, part of Saco's expanding central business district, makes this site even more inviting. New Portland Road District zoning ordinance became effective in April 2021. It improves the development viability for this area of Rt. 1.A master plan with varied uses including retail, drive-thru, automobile dealership, commercial, residential (multi-family, townhouse & senior) and storage would be well received by the market and the town. It further qualifies for the Opportunity Zone Federal Investment Program. 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.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.Currently, there is a single-story 10,550 SF building and several vacant buildings that are tear-downs. Smaller lots of the master plan are available, see the six listings.

Lot & Building Features

Parking Description: 21+ Spaces, On Site
Tax Year: 20-21
Taxes Paid: $42,277
Water: Public

Price History of 642-650 Main Street, Saco, ME

Date Name Price Difference
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.

Map of 642-650 Main Street, Saco, ME

Location Map Street View Walk Score Bird's Eye
Photo of Kim Gero
Kim Gero
REALTORĀ®
Direct: 508-561-5690
Office
252 Daniel Webster Highway
Meredith, NH 03253
603-253-7766

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.

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

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. ©2021 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.