644 Main St Saco, ME 04072
- Investment properties
- 15.28 lot acres
Current Use by Public Records
- Investment properties
Property Details for 644 Main St
- Lot size
- 15.28 lot acres
- Zone code
- B-2B
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- SACO M:042 L:010 U:000-000
- APU
- SACOM042L010U000000
Description
This exceptional 2.28-acre commercial property at 644 Main Street in Saco, Maine, presents a compelling value-add investment opportunity. The property features a substantial 10,550+ square foot single-story building situated on a highly visible corner lot along Route 1, boasting over 20,000 vehicles passing daily. This prime location is within Saco's burgeoning business district, a rare find for its visibility and accessibility. A portion of the building is currently leased to a permitted medical marijuana grow operation under a short-term agreement. Beyond the main building, the property includes additional improvements such as a two-unit garage and cabins. The property is part of a larger master plan, offering potential for future development and expansion. Note that the listed price of $2,300,000 excludes a 0.5-acre front pad site
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saco
- County
- York
- State
- Maine
- Longitude
- -70.4285
- Latitude
- 43.5189
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA