642 Main St Saco, ME 4072
Large land tract suitable for age-restricted multi-family housing.
Type:Land
- Added:
- Aug 30, 2024
- Days on Market:
- 599
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 642 Main St
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agent Michael Rogers License #ME BR900937
Listing office Exp Realty
Listing date Aug 30, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty
Overview
Saco Land for Multi-Family Housing
This large tract of land is ideally suited for age-restricted multi-family housing, as the local requirements specify a density of 1,000 square feet per dwelling unit. Estimates suggest that over 150 dwelling units, each with 1,000 square feet, could be accommodated. Alternatively, a density of 3,000 square feet is permitted if affordable housing (for any age group) constitutes 51% or more of the project. Other permitted uses include hospitality and storage. The property is located a quarter mile north of I195 and Hannaford Supermarket, making it an ideal location. It is also situated within a Qualified Opportunity Zone. The property is located at 642 Main St, Saco, ME 04072.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Saco
- County
- York
- State
- Maine
- Longitude
- -70.4305844
- Latitude
- 43.5155872
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Large land tract suitable for age-restricted multi-family housing.
Where is this commercial land located?
The property is located at 642 Main St Saco, ME.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Suited for age‑restricted multi‑family housing with potential for 150 +/- dwelling units.; Located in a Qualified Opportunity Zone.; Permitted uses include hospitality and storage.
