642 Main

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Property Description:

Large tract of land is ideally suited for age-restricted multi-family housing as Saco requires density of 1,000 square feet per dwelling unit. Estimate 150 to low 200 dwellling units with 1,000 SF density are achievable.

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 another quarter mile south. It’s located in the Qualified Opportunity Zone.

List price is a plug as it’s listed at $11,000 per door.

Price:
$1,650,000
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Address: 642 Main StreetCity: Saco
State: MEElectric: Three Phase, On Site
Lot Size Square Feet: 713077.2Water Source: Public
Zoning: Portland Road

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