United StatesMaineSaco642-650 Main Street

642-650 Main Street
Saco, ME 04072

$3,500,000
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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...
$3,500,000
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19.58 Acres
Exterior
Land
Property type
1473151
Web Id
1473151
MLS ID
Saco Public Schools
School District

About 642-650 Main Street

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.

Listing Courtesy of Bean Group

features

lot description
Near Public Transportation, Public Transportation

PROPERTY INFORMATION

Location
Business District, Near Town, Near Turnpike/Interstate
Parking Description
21+ Spaces, On Site
Sewer
Public Sewer
Waterfront
No
Listing Courtesy of Bean Group
Listing Courtesy of Bean Group
Legacy Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 642-650 Main Street, Saco, Maine 04072 United States is a Land with bedrooms, full baths, and partial baths. It is located in , Saco, Maine, and is in the 04072 zip/post code area. This home of was built in and is on a 19.58 Acres lot. Legacy Sotheby’s International Realty also has property listings in cities near Saco, including Biddeford, Saco and Ocean Park. If you would like more information about this home for Sale at 642-650 Main Street, Saco, Maine 04072 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.
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Bean Group

Listing Courtesy of Bean Group
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