Saco, ME 04072,650 Main ST
Saco, ME 04072,650 Main ST
Saco, ME 04072,650 Main ST
Listed by Bean Group
Bought with Freedom Realty
$750,000
$799,000
6.1%
Est.Price: ?

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0.93 Acres Lot
SOLD DATE : 04/29/2022

Key Details

Sold Price $750,000

Property Type Land

Listing Status Sold

MLS Listing ID 1440209

Sold Date 04/29/22

HOA Y/N No

Originating Board Maine Listings

Annual Tax Amount $1,111

Tax Year 20

Lot Size 0.930 Acres

Acres 0.93

Property Description

Former 20-key Hilltop Motor Inn and office is available to renovate or redevelop into any of the many permitted business uses. The 0.93 acre pad is improved with the 5,805 +/- square foot two-story building and enjoys 203' +/- frontage on Rt. 1 in Saco's expanding business district.

Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.

Rooms average around 200 square feet. Each room has a bathroom.

Highest and best uses are retail, hospitality and medical. Qualifies for Opportunity Zone Federal Investment Program.

An interested buyer could acquire additional land behind the improved with two-unit (legal three-unit), three cabins and garage.
There is a conceptual plan for development of the abutting land. Additional land is available.

Location

State ME

County York

Zoning Portland Road

Direction Rt. 1 (Main Street) southbound just before I195 ramp entrance.

Exterior

Garage 21+ Spaces, Common, On Site

Waterfront No

View Y/N No

Street Surface Paved

Parking Type 21+ Spaces, Common, On Site

Building

Lot Description Level, Near Public Beach, Near Turnpike/Interstate, Near Town

Sewer Public Sewer

Water Public

Others

Financing Cash

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Maine MLS (MREIS) IDX

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Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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