642 Main Street, Saco, ME 04072 (MLS# 1603280)
642 Main Street, Saco, ME 04072
$1,650,000
Property Type:
Land
Lot Size (sq. ft.):
713,077
Status:
Active
Current Price:
$1,650,000
List Date:
9/10/2024
Last Modified:
4/24/2025
Description
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.
Supplements: ********
More Information MLS# 1603280
Location Information
Street #: 642
Street Name: Main
Street Type: Street
County: York
Town: Saco
State/Province: ME
Zip Code: 04072
Book: 5086
Page: 345
Map: 42
Lot: 010
Zoning: Portland Road
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 1
Tax Year: 23
Geo Lat: 43.514797
Geo Lon: -70.431084
Contract Information
Status: Active
Original List Price: 1650000
List Price: $1,650,000
Current Price: $1,650,000
List Price/Acre: 100794.14
Property Information
Surveyed: Yes
Seasonal: No
Deed Type Offered: Quit Claim w/Covenant
Deed: Partial
Deed Restrictions: Yes
Mobile Homes Allowed: No
Lot Size Acres +/-: 16.37
Source of Acreage: Public Records
Acreage Other Source: Town
Road Frontage: Yes
Road Frontage +/-: 190
Source of Road Frontage: Deed
Road Front Other Source: Town
Water Info
Water Frontage: No
Water View: No
Property Features
Site: Level; Open; Right of Way; Wooded
Location: Business District; Near Town; Near Turnpike/Interstate
Roads: Private Road; Right of Way
Driveway: Common
Parking: 21+ Spaces; On Site
Electric: On Site; Three Phase
Gas: No Gas
Sewer: Public Sewer
Water: Public
Documents
Prospectus ›
FEMA Panel ›Listing Office: EXP Realty
Last Updated: April - 24 - 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.
