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.

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Location Information

Building Number644
StreetMain Street

Building

BasementSlab
Stories1
Year Built1971
FoundationBlock
RoofFlat

Property

Acreage2.28
Sq Ft Finished Total10,550
Leased LandNo

Amenities

Other AmenitiesBasement

Legal

Taxes$1,111
ZoningPortland Road
LeasesYes

Tax Information

Tax Year21

Location

StateME
TownSaco
Zip04072
LocationBusiness District, Near Turnpike/Interstate
CountyYork
Map42
Road Frontage150

Utilities

Waste Water DisposalPrivate Sewer, Septic Existing on Site
WaterPublic
ElectricCircuit Breakers, Three Phase
GasNatural - At Street

Other

Parking Spaces11 - 20 Spaces, On Site, Paved
View Count15

Basic Information

List Price$1,750,000
MLS Number1472445
Address644 Main Street
Broker NameBean Group
Modification Date07/16/2022
Agent ID003210
Broker ID2484
MLS StatusActive
Property SubTypeGeneral Commercial

Property Information

Property UsesCommercial, Distribution, Freestanding Building, Industrial, Net Leased, Retail
Zoning OverlayNo

Photos

Number of Photos14
Last Img Trans Date05/31/2022

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Your Questions & Comments I found a listing on "Coldwell Banker American Heritage Real Estate" which you may be interested in:

I used to be a licensed real estate agent many years ago in CT. I have been involved in a number of R.E. transactions over the past 35 years, from Florida to Maine. It takes a unique combination of talents to reach the level of expertise that Mr. Sloan has demonstrated consistently while assisting me with the purchase of 3 properties over the last 5 or so yeras. As a rule, I do not give written recommendations. This one is truly deserved.

Dave Wilson

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