345 North Street, Saco

Retail-Commercial for Sale
Catylist Listing ID: 30816009
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 14,000 SF
Gross Building Area: See Agent
Sale Price: $2,900,000
Unit Price: $207.14 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/1/2024

Overview / Comments

We are pleased to offer this 3-building retail property for sale at 345 North Street in Saco. This is a prime redevelopment opportunity located on the opposite corner of the new Maine Turnpike Exit 35 ramp on to Route 112, which is scheduled for completion in 2024. This will become the preferred route to the Sebago Lake Region. The property consist 1.7 acres with approximately 300 feet of frontage on 112. There are three buildings totaling approximately 14,000 square feet currently leased to multiple tenants. Building 2 contains a full commercial kitchen and bar with an outside deck for additional seating.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: Map 69, Lot 3
Zoning: B2C
Lot Frontage: 300

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,756 33,583 58,600
Median Age: 41.27 40.45 41.73
Households: 1,110 14,534 24,565


Photograph of Listing Agent

Frank O'Connor

The Dunham Group NECPE Member
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