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644 Main St

10,550 SF Retail Building Saco, ME 04072 $2,300,000 ($218/SF)

Retail Buildings Maine Saco 644 Main St, Saco, ME 04072

Executive Summary

Value-add opportunity to acquire 2.28 acres improved with single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its 20,000+ daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district.
The right side of the building has a medical marijuana grow operation which is a permitted use on a short-term lease. Site is further improved with a two-unit, garage and cabins.
Excluding the front pad site of 0.5 +/- acre which is listed at $700,000, the list price is $1.6M. Additional land is available. Site is part of a master plan. There is no buyer-agent commission offered.

Attachments

644 Main - 2.28 acres - Prospectus - April 26
644 Main -Pad Sites - Prospectus - April 26

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,550 SF
Building Class
C
Year Built
1965
Price
$2,300,000
Price Per SF
$218
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.28 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Portland Road - Business district
Parking
50 Spaces (4.74 Spaces per 1,000 SF Leased)
Frontage
150 FT on Route 1

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
  • Drive Thru
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Nearby Major Retailers

Norway Savings Bank
Camden National Bank
Aroma Joe's
Starbucks
IHOP
Chase Bank
Bank of America
CrossFit
Amato's
Shaw's

PROPERTY TAXES

Parcel Number SACO-000042-000010 Improvements Assessment $854,700
Land Assessment $920,900 Total Assessment $1,775,600

PROPERTY TAXES

Parcel Number
SACO-000042-000010
Land Assessment
$920,900
Improvements Assessment
$854,700
Total Assessment
$1,775,600
(207) 318-9984

Contact

  • Listing ID: 27317826

  • Date on Market: 12/15/2022

  • Last Updated:

  • Address: 644 Main St, Saco, ME 04072

More public record information on 644 Main St, Saco, ME 04072

The Retail Property at 644 Main St, Saco, ME 04072 is currently available for sale. Contact eXp Realty for more information.

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644 Main St, Saco, ME for sale Primary Photo- Image 1 of 5
Primary Photo
644 Main St, Saco, ME for sale Building Photo- Image 2 of 5
Pad site from parking lot
644 Main St, Saco, ME for sale Building Photo- Image 3 of 5
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644 Main St, Saco, ME for sale Building Photo- Image 4 of 5
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644 Main St
(207) 318-9984 x

644 Main St

Michael Rogers

(207) 318-9984

(207) 318-9984

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