644 Main St, Saco, ME 04072
For Sale
1 / 13
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-2B · Saco, MESaco. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.