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642 Main Street, Saco, ME 04072

$1,650,000
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Active
LOT SIZE 16.370 acres MLS#1603280
STATUSActive PROPERTY TYPELand - Residential

Property 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.

642 Main Street | MLS# 1603280

This land located at 642 Main Street, Saco, ME 04072 is currently listed for sale with an asking price of $1,650,000. The property has approximately 16.37 Acres. Search Saco real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Residential
Lot Size: 16.37 Acres
Taxes: $1

Feature Descriptions

Electric: On Site, Three Phase
Lot: Business District
Sewer: Public Sewer
Water: Public
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: EXP Realty
Agency Phone: 888-439-8743
Agent Name: Michael Rogers

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Estimated Payment

$ 4,153.52 per month $3,672.18 Principal & Interest $0.08 Property Tax $481.25 Homeowner's Insurance

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