642-644 Main Street, Saco, ME 04072 | 1473151 | Engel & Völkers Casco Bay

642-644 Main Street $2,700,000

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    642-644 Main Street Saco, ME 04072

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    $2,700,000

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    • 18.65 Acres
    • Land
    • MLS# 1473151
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    Property Details

    Redevelopment opportunity for 18.65 +/- acres with 340' +/- 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. Dearth of available land in this section of Route 1, part of Saco's expanding central business district, makes this site even more inviting. Land is improved with a single-story 10,550 SF building and several vacant buildings. Portland Road District 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. Two pad sites along Route 1 would be ideal for retail uses. Varied commercial uses are permitted. Pad sites are available.Qualifies for the 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.

    • General Features
      • Tax Year 21-22
      • Full Tax Amount $1
      • Location Business District,Near Town,Near Turnpike/Interstate
    • Building Features
      • Electric Circuit Breakers
      • Gas Natural - At Street
    • Property Features
      • Parking 21+ Spaces,On Site
      • Driveway Common,Paved
      • Water Frontage No
      • Water View No
      • Roads Paved, Public
      • Sewer Public Sewer
      • Site LevelOpenRollingSlopingWooded
      • Water Public

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    Neighborhood

    04072 (Saco) Demographics

    42 Median Age
    476 Population Density (per sq. mile)
    49% College Educated
    $71,755 Estimated Median Income
    5,647 Estimated Total Home Owners
    2,694 Estimated Total Renters
    68% / 32% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    19,716 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    31 New On Market

    Average Days on Site

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        IDX 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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.