Active under contract
642 Main Street
Saco ME, 04072
$1,650,000
Active under contract
16.37 Acres
Land
Courtesy of EXP Realty
Large tract of land is ideally suited for age-restricted multi-family housing as Saco lowers density to 1,000 square feet per dwelling unit versus existing 7,500 SF. Estimate a potential of 150 +/- dwellling units at 1,000 SF density.
Density is 3,000 SF when afforable housing (any age) is 51+% of the project.
Hospitality and storage are two other permitted uses.
It's an ideal location given I195 is a quarter mile south and Hannaford Supermarket is a half mile south. It's located in the Qualified Opportunity Zone.
List price is a plug as it's listed at $11,000 per door.
1603280
MLSⓇ ID
September 10, 2024
Listed
November 22, 2024
Updated
Map
642 Main Street
Saco ME, 04072
Exterior/Building Features
Lot Size
16.37 Acres
Lot Features
Level, Open Lot, Right of Way, Wooded, Near Turnpike/Interstate, Near Town
Sewer
Public Sewer
Other Property Details
Taxes
$1
Tax Frequency
Annually
Garage
No
Parking
21 Spaces, Common, On Site
View
No
County
York
Water Source
Public
Pool
No
Zoning
Portland Road
Listing History
Date | Event | Price |
|---|---|---|
10/31/2024 | Under contract | — |
Listing Contact: 207-318-9984
Courtesy of EXP Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Coleen Smith shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:31 PM UTC, 11/22/2024
