29-31 Eastern Avenue, Saco, ME 04072 (MLS# 1505522)
29-31 Eastern Avenue, Saco, ME 04072
$2,400,000
Property Type:
Commercial
Square Footage:
4,166
Lot Size (sq. ft.):
30,928
Status:
Closed
Current Price:
$2,400,000
List Date:
8/17/2021
Last Modified:
1/09/2025
Description
Rare opportunity to redevelop in the heart of Camp Ellis at the site of a successful, multi-generational family business. Flexible Camp Ellis Zone permits many uses from commercial to residential to multi-use. Existing use involves successful restaurant with bar, parking lot, and adjacent outdoor space for seating and employee parking. Listing does not reflect underlying business or business equipment, however Seller is open to exploring that option with the right buyer. Local ordinances, Saco River Corridor and environmental protections apply. This is a once-in-a-lifetime opportunity to redefine an iconic oceanside location. Don't miss it!
Supplements: ********
More Information MLS# 1505522
Location Information
Street #: 29-31
Street Name: Eastern
Street Type: Avenue
County: York
Town: Saco
State/Province: ME
Zip Code: 04072
Leased Land: No
Book: 17565
Page: 635
Map: 1
Lot: 52/22/48
Zoning: B-5
Zoning Overlay: Yes
Association Y/N: No
Geo Lat: 43.46342
Geo Lon: -70.381024
Contract Information
Status: Closed
Original List Price: 2200000
Sold Price: $2,400,000
Current Price: $2,400,000
Property Information
Primary Use: Mixed Use
Surveyed: No
SqFt Finished Total: 4166
Lot Size Acres +/-: 0.71
Status Change Info
Pending Date: 2021-12-17
Closed Date: 2022-04-13
Closed Price: 2400000
Water Info
Water View: Yes
Sold Info
Appraiser Email Address: bill.mclaughlin@cushwake.com
Property Features
Location: Downtown; Water View
Source of Water Frontage: Other
Water Body Type: Ocean; River
Construction: Wood Frame
Property Uses: Bar/Tavern/Lounge; Business Park; Development; Office Building; Other; Restaurant; Vacant
Parking: 21+ Spaces; Off Street; Paved
Electric: On Site
Sewer: Public Sewer
Documents
deed ›Listing Office: Demetria Real Estate
Last Updated: January - 09 - 2025
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
