644 Main StreetSaco, ME 04072Price: $1,750,000

  • Price: $1,750,000
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* 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
  • 2.28Acreage
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Listed by Bean Group
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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Maine Real Estate Experts participates in ©2022 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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