644 Main Street Unit Unit #5, Saco, ME 04072 | 1472445 | Engel & Völkers Casco Bay

644 Main Street Unit Unit #5 $1,750,000

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    644 Main Street Unit Unit #5 Saco, ME 04072

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    $1,750,000

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    • 2.28 Acres
    • Commercial
    • MLS# 1472445
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    Property Details

    Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a potential buildable corner lot in front along Rt. 1 and its nearly 20,000 daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district. There is expansion to the right of the building too.The right side of the building has a grandfathered nonconforming medical marijuana grow operation. The tenant has a short term lease with no lease extension options. The left side is rented on a month-to-month basis.Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.Qualifies for the Opportunity Zone Federal Investment Program. Additional land is available. Site is part of a master plan.

    • General Features
      • Leases Yes
      • Primary Use General Commercial
      • Leased Land No
      • Year Built 1971
      • Tax Year 21-22
      • Full Tax Amount $1,111
      • Location Business District,Near Turnpike/Interstate
    • Building Features
      • Basement Slab
      • Roof Flat
      • Electric Circuit Breakers, Three Phase
      • Gas Natural - At Street
    • Property Features
      • Parking 11 - 20 Spaces,On Site,Paved
      • Property Uses Commercial,Distribution,Freestanding Building,Industrial,Net Leased,Retail
      • Sewer Private Sewer, Septic Existing on Site
      • 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.