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644 Main Street, Unit 10550 SFSaco, ME 04072Price: $1,750,000

  • Price: $1,750,000
  • 117 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,750,000List Price
  • 1.4Acreage
  • 10,550Square Feet
Listed by Bean Group
Pending

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Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a 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. Site is further improved with a three-unit (legal two-unit), garage and cabins. The right side of the building has a medical marijuana grow operation. The tenant has a short term lease with no lease extension options. He's interested in extending his lease. 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.

Property Details of 644 Main Street, Unit 10550 SF

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Realty of Maine participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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