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.
Listing By Bean Group
Data Last Updated 9 days ago
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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