Catylist ID:
#30657540
644 Main Street
Retail-Commercial
for Sale
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 |
Building Size (RSF): | 10,550 SF |
Gross Building Area: | See Agent |
Gross Land Area: | 2.28 Acres |
Sale Price: | $2,300,000 |
Unit Price: | $218.01 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: | 5/6/2024 |
Overview / Comments
Value-add opportunity to acquire a portion of 644 Main Street comprising 2.28 acres improved with single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its 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 on a short-term lease. Site is further improved with a two-unit, garage and cabins. Excluding the front pad site of 0.5 +/- acre, the list price is $1.6M. Additional land is available. Site is part of a master plan. Qualifies for the Opportunity Zone Federal Investment Program. There is no buyer-agent commission offered. |
Attachments & Media
Additional Details
Nearest MSA: | Portland-South Portland |
County: | York |
Tax ID/APN: | 3437 |
Zoning: | PORTLAND ROAD |
Retail Clientele: | General, Business |
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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