50 Ocean Park RD Saco, ME 04072

The property is approximately 54,250 +/- square feet based on the city maps. Current zoning is the Highway Business District which allows 4000 sf per dwelling unit (potentially 13) for multi-family or condominium units. For over 55 elderly/disability the ''density bonus'' is 1000sf per unit which could potentially be 40 -50 units depending on lot coverage and approvals. Other permitted uses could be drive-through businesses, childcare, hotel/motel, banks, bed breakfast, office space, home occupations, schools, hospital. Brewer and distilleries are conditional use as are auto repair. Great location and visibility for any business as this is the traffic pattern from Exit 36 Saco to Old Orchard and Ocean Park beaches. Lot offers 167'+/- road frontage and depth of 347+/-. This is an extremely convenient location two minutes from the intersection of the I-195 Spur (Maine Turnpike Exit 36) and Route One. It is also 7 - minute drive to Old Orchard Beach and not far from Pine Point. Hannaford, gas/convenience stores, fast food, and sit-down restaurants are 2 minutes away. Maine Mall is a 15 minutes' drive; downtown Portland 20 minutes and less than 2 hours from Boston.