642 MAIN ST # 650 Saco, ME 04072

$3,500,000

1 of 2

19.58

Acres

B-2b

Zoning

Active

Status

MLS#

1473151

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. 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. Qualifies for 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.Currently, there is a single-story 10,550 SF two tenanted building and several vacant buildings that are tear-downs. Smaller lots of the master plan are available, see the six listings.

Details


Interior

Building And Construction
Property Sub Type
Land
Property Type
Land

Exterior And Lot
Lot Size Acres
19.58
Lot Size Square Feet
852905
Site
Level,open,rolling/Sloping,wooded
Zoning
B-2b

Area And Schools
City
Saco
County Or Parish
York

Financial Info
Tax Annual Amount
$42,277.00
Tax Year
20

Additional Info
Water Info: Water View
No

Listing By Bean Group

MLS# 1473151

Data Last Updated 9 days ago

Maine Real Estate Information System

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2020 Maine Real Estate Information System, Inc. All Rights Reserved. School data source: RE/MAX, LLC Mortgage calculator source: RE/MAX, LLC Demographic source: RE/MAX, LLC Transportation source: RE/MAX, LLC Property history source: RE/MAX, LLC

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