644 Main Street Saco, ME
$2,300,000
Square Footage 10,550
Acres 2.28
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.
Listed by EXP Realty, Michael Rogers 888-439-8743
Details
MLS 1587701
Status Active
Price $2,300,000
DOM 89 days
Type Commercial
Square Feet 10,550 sqft
Lot Size 2.28 acres
Year Built 1971
Taxes Paid $1
Lot & Building Features
Tax Year 2024
Taxes Paid $1
Map
Building for Sale: 644 Main Street, Saco, ME 04072
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.