644 Main Street, Saco, ME 04072

$2,300,000
Property Type: Commercial Square Footage: 10,550 Lot Size (sq. ft.): 99,317 Status: Active
Current Price: $2,300,000 List Date: 4/29/2024 Last Modified: 4/24/2025

Description

Value-add opportunity to acquire a portion of 644 Main Street comprising 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, the list price is $1.6M. Additional land is available. Site is part of a master plan. Qualifies for the Opportunity Zone Federal Investment Program.

Supplements: ********

More Information MLS# 1587701

Location Information

Book: 5086 Leased Land: No Page: 345 Map: 42 Block: 009 Lot: 021 Zoning Overlay: Unknown Association Y/N: No Street #: 644 Street Name: Main Street Type: Street County: York Town: Saco State/Province: ME Zip Code: 04072 Zoning: Portland Road Full Tax Amount $: 1 Tax Year: 2024 Geo Lat: 43.515483 Geo Lon: -70.430629

Property Information

Primary Use: General Commercial Surveyed: Yes Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: Partial Deed Restrictions: Unknown Bank Owned REO: No Lot Size Acres +/-: 2.28 Tenancy: Multiple Tenants Leases: Yes Road Frontage +/-: 150 Total # Floors: 1 Year Built: 1971 SqFt Finished Total: 10550

Location

Business District: 1

Property Uses

Business Park: 1 Commercial: 1 Development: 1 Distribution: 1 Flex: 1 Freestanding Building: 1 Hotel/Motel: 1 Industrial: 1 Manufacturing: 1 Office Building: 1 Restaurant: 1 Retail: 1 Self Storage: 1 Vehicle Related: 1 Warehouse: 1

Parking

21+ Spaces: 1 On Site: 1

Contract Information

Status: Active Original List Price: 2300000 List Price: $2,300,000 Current Price: $2,300,000

Property Features

Location: Business District Property Uses: Business Park; Commercial; Development; Distribution; Flex; Freestanding Building; Hotel/Motel; Industrial; Manufacturing; Office Building; Restaurant; Retail; Self Storage; Vehicle Related; Warehouse Parking: 21+ Spaces; On Site
Listing Office: EXP Realty
IDX
Last Updated: April - 24 - 2025
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.