Catylist ID:
#30657540
644 Main Street
Retail-Commercial
for Sale
Sale Pending/Contingent
Also listed as Special Purpose, Industrial
| Catylist Listing ID: | 30657540 |
| Property Subtypes: | Car Wash, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other |
| Status: | Pending/Contingent |
| Building Size (RSF): | 10,550 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 2.28 Acres |
| Sale Price: | $1,750,000 |
| Unit Price: | $165.88 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Business |
| Sale Terms: | Cash to Seller, Owner Financing, Sale/Leaseback |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/13/2024 |
Overview / Comments
|
Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its nearly 20,000 daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district. The right side of the building has a medical marijuana grow operation which is a permitted use. Site is further improved with a two-unit, garage and cabins. Qualifies for the Opportunity Zone Federal Investment Program. Additional land is available. Site is part of a master plan. |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | York |
| Tax ID/APN: | 3437 |
| Zoning: | PORTLAND ROAD |
| Property Visibility: | Excellent |
| Tenancy: | Multiple Tenants |
| Part of Planned Development?: | Yes |
| Lot Frontage: | 150 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,519 | 35,074 | 51,700 |
| Median Age: | 39.64 | 41.41 | 41.84 |
| Households: | 1,139 | 15,834 | 22,045 |
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