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642-644 R Main Street, Saco, ME 04072

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Listing Type
lots/land
Listing Status
Active
Explore Saco, ME
8
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Commute
Transportation
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$999,999

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Home Details for 642-644 R Main Street

Price
$999,999
Type
lots/land
Lot Size
16.37
County
York
Tax
$1,111
MLS Listing#
1472444

Property Description

Opportunity to acquire 16.37+/- acres with high density of 1,000 square feet per residential unit for age-restricted (55+) and disabled use. There is enough land and density to construct 200 +/- residential units, subject to engineering and approvals. There are numerous other permitted uses available, including commercial, industrial, hospitality and storage. A corner pad site would be created with a new entrance which would work well for a bank or QSR (quick service retail).Daily vehicle traffic count approaches 20,000, and I195 exit is two blocks south. Opportunity Zone Federal Investment Program is another benefit.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.$999,999, is a placeholder list price. Purchase price will be determined by the number of approved residential units.
EXIT OCEANSIDE REALTY
913 Post Rd Box 3, Wells, ME 04090
EXIT Oceanside Realty
$999,999

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EXIT OCEANSIDE REALTY
913 Post Rd Box 3, Wells, ME 04090
EXIT Oceanside Realty