Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    644 Sf Bldg & Land Saco, ME 04072

    Sponsored
    For Sale
    $2,300,000

    10,550 SF building, 2.28 acres

    Property size:
    10,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional value-add opportunity presents a 10,550 square foot building situated on a 2.28-acre lot in Saco, Maine. The property, located at 644 Main Street, boasts a prime location with approximately 150 feet of frontage on Route 1, experiencing over 20,000 vehicles daily. The single-story building offers versatile mixed-use potential, suitable for various purposes including bank, quick-service restaurant (QSR), or traditional restaurant uses. Currently, a portion of the building is occupied by a tenant-at-will. The site also includes additional improvements such as a two-unit garage and cabins. An attractive feature is a buildable corner lot along Route 1. The property is part of a larger master plan and qualifies for the Opportunity Zone Federal Investment Program. Public water and sewer are available at the street. The asking price is $2,300,000, with an option to purchase the main building and land excluding a 0.5-acre pad site for $1,600,000. Additional land is available for purchase. This NNN-leased, multi-tenant property offers a compelling investment prospect with significant upside potential. The price per square foot is $218.01. The property is offered as a 1031 exchange opportunity. The total acreage available is between 2.28 and 16.37 acres.

    Property Features for 644 Sf Bldg & Land

    General Information

    Property type
    Restaurants
    Square Feet
    10,550 SF
    Lot Size
    99,317 SF

    HighLights

    • 10,550 SF building
    • Public water & sewer
    • 150' of Route 1 frontage
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.42974
    Latitude
    43.5147286

    Nearby Similar for Sale

    • $2,265,000
      4,026 SF

      Saco Riverfront Multi-Family Property

      Remodeled multi-family property on 4.32 acres with river views.
      38 Pine Ridge Rd, Saco, ME 04072
      View Details
    • New
      $499,000
      1,908 SF

      Saco Ranch with Income Potential

      Two-bedroom ranch with a two-bedroom apartment above the garage.
      82 Watson Mill Rd, Saco, ME 04072
      View Details
    • New
      $699,000
      1,960 SF

      Saco Multifamily Investment Opportunity

      Multifamily property in Saco, Maine, with convenient access.
      4 Primrose Ln, Saco, ME 04072
      View Details
    • $1,595,000
      6,912 SF

      Restaurant Building with Large Parking

      Stand-alone restaurant building in excellent condition with investment potential.
      512 Main St, Saco, ME 04072
      View Details
    • $640,000
      2,566 SF

      Saco River Proximity Triplex

      Three-unit multifamily property near Saco River with ample parking.
      242 Lincoln St, Saco, ME 04072
      View Details
    • $724,900
      4,976 SF

      Mixed-Use Property in Saco, ME

      Mixed-use property with retail and office spaces in Saco.
      239 Main St, Saco, ME 04072
      View Details
    • $3,250,000
      10,260 SF

      Saco Commercial Building For Sale

      Commercial building in Saco, Maine, suitable for multiple uses.
      5 Willey Rd, Saco, ME 04072
      View Details
    • $1,100,000
      2,590 SF

      Saco Commercial Property For Sale

      High-visibility commercial property with potential for residential development.
      21 Buxton Rd, Saco, ME 04072
      View Details
    • $2,350,000

      Prime Retail Investment Opportunity

      High-visibility retail property with long-term tenants and income potential.
      937 Portland Rd, Saco, ME 04072
      View Details
    • $1,590,000
      9,752 SF

      Saco Island Flex Building For Sale

      Two-story, 9,752 SF office/industrial/flex building in excellent condition.
      102 Main St, Saco, ME 04072
      View Details
    • $695,000
      2,240 SF

      Turn-Key Dental Office Condominium

      2,240 SF turn-key dental office condominium for sale.
      Confidential St, Saco, ME
      View Details
    • $995,000
      6,000 SF

      Saco Riverfront Office/Warehouse Building

      Turn-key office/warehouse near Maine Turnpike and walkable to downtowns.
      44 Lincoln St, Saco, ME 04072
      View Details

    FAQs

    What type of property is this?
    Restaurant - 10,550 SF building, 2.28 acres
    Where is this restaurant located?
    The property is located at 644 Sf Bldg & Land Saco, ME.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 10,550 SF building; Public water & sewer; 150' of Route 1 frontage
    Request Owner's contact information
    644 Sf Bldg & Land Saco, ME 04072
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    644 Sf Bldg & Land
    Saco, ME 04072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    644 Sf Bldg & Land Saco, ME 04072
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.