642-644 Main Street, Saco, Maine 04072

$2,700,000
List Price
$2,700,000
MLS#
1473151
Status
ACTIVE
Type
Land
City
Saco
County
York

Property Description

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.

Additional Information

Roads
Paved, Public
Site
Level, Open, Rolling/Sloping, Wooded
Tax Year
21-22
Gas
Natural - At Street
Parking
21+ Spaces, On Site
Electric
Circuit Breakers
Location
Business District, Near Town, Near Turnpike/Interstate
Water
Public
Full Tax Amount
1
Acres
18.65
Driveway
Common, Paved
Road Frontage
340
Courtesy Of Listing Office
Bean Group

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Bean Group.

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