$1,650,000

Pending

Est. Mortgage $0/mo *

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642 Main Street, Saco, ME, 04072

642 Main Street, Saco, ME, 04072
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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.

Status:

Pending

Type:

Lot / Acreage

Zoning:

Portland Road

Frontage:

190

Parking:

21+ Spaces, Common, On Site

Acreage:

16.37

Est. Taxes:

$1

Lot Description:

Level, Open Lot, Right of Way, Wooded, Near Turnpike/Interstate, Near Town

MLS #:

1603280

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Listing courtesy of EXP Realty LLC