642-644 Main StreetSaco, ME 04072MLS Number 1472444

  • Price: $3,000,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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642-644 Main Street Saco ME 04072642-644 Main Street Saco ME 04072642-644 Main Street Saco ME 04072642-644 Main Street Saco ME 04072642-644 Main Street Saco ME 04072642-644 Main Street Saco ME 04072642-644 Main Street Saco ME 04072
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  • 16.37Acreage

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Opportunity to acquire 16.37+/- acres with high density of 1,000 square feet per residential unit permitted for age-restricted (55+) and disabled use to construct estimated 250 +/- residential units, subject to engineering and approvals. This is the highest and best use. Otherwise, density is 7,000 SF/residential unit. Included in this tract would be the corner pad site created with the new Rt. 1 entrance squared off with Ross Road. Highest and best use for the pad site would be a bank or QSR (quick service retail). Daily vehicle traffic count approaches 20,000, and I195 exit is two blocks south. Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property. Opportunity Zone Federal Investment Program is another benefit. List price is a placeholder as the purchase price will be determined by a metric of the number of approved residential units and value of the retail corner pad site.
Listed By Bean Group

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Location Information

  • Building Number642-644
  • StreetMain Street

Property

  • WaterfrontNo
  • Road Frontage190
  • Acreage16.37
  • Water ViewNo

Utilities

  • Waste Water DisposalPublic Sewer
  • ElectricUnderground
  • GasNatural - At Street
  • WaterPublic

Other

  • Lot009-001,010
  • Parking Spaces21+ Spaces, On Site
  • SeasonalNo
  • View Count29

Tax Information

  • Tax Year21

Location

  • TownSaco
  • LocationBusiness District, Near Town, Near Turnpike/Interstate
  • StateME
  • CountyYork
  • DrivewayCommon
  • Map42
  • Road Frontage DescriptionAssociation, Paved, Public
  • SiteRight of Way, Wooded
  • Zip04072

Photos

  • Last Img Trans Date07/16/2022
  • Number of Photos7

Basic Information

  • List Price$3,000,000
  • Address642-644 Main Street
  • Broker NameBean Group
  • Modification Date08/11/2022
  • Broker ID2484
  • Agent ID003210
  • MLS Number1472444
  • MLS StatusActive
  • Property SubTypeLand
Williams Realty Partners
Williams Realty Partners
Office: 207-351-8188
4 Market Place Drive
York, ME 03909

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Saco, ME Schools

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Listing data is derived in whole or in part from the Maine IDX & 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. equal opportunity housing logo   Privacy Policy

Williams Realty Partners participates in ©2022 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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