For Sale
$700,000

644 Main StSaco, ME 04072

Prime Route 1 corner lot, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial land offering presents a rare opportunity to acquire two hard corner pad sites ideally situated on Route 1 in Saco, Maine. Boasting a highly desirable location just north of the I-195 on-ramp, this property benefits from an impressive average annual daily traffic count exceeding 20,000 vehicles. The 0.5 to 0.75-acre lot is zoned for Portland Road usage and is part of a larger master-planned development, ensuring future growth and potential. The asking price is $700,000, translating to a land value of $1,190,000 per acre. This presents a compelling investment opportunity, particularly given its eligibility for the Opportunity Zone Federal Investment Program, offering significant tax advantages. The property's address is 644 Main Street, Saco, ME 04072 (APN 3437). While the current lease expires on April 25, 2025, the significant traffic volume and strategic location make this a highly attractive prospect for a variety of commercial ventures. Additional land may be available, providing further expansion possibilities. This is a turnkey opportunity to establish a thriving business in a high-traffic area with excellent visibility. Serious inquiries are encouraged.

Highlights

  • Asking price: $700,000
  • Land property, commercial subtype, located at 644 Main St, Saco, ME 04072
  • 0.5 to 0.75 acre lot size; $1,190,000/acre land value
  • Portland Road zoning; APN 3437
  • 1031 exchange eligible; high-traffic corner lot on Route 1 (20,000+ AADT) near I-195 on-ramp.

Property Details for 644 Main St

Property type
Land
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Saco
County
York
State
Maine
Latitude
43.514865
Longitude
-70.42995305
644 Main St, Saco, Maine

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644 Main St
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