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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

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
More about this property
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