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About This Home
This land at 642 Main Street in Saco, ME is listed for $1,650,000 (16.37 acres).
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.
Key Features
- 16.37 acre lot
Location
642 Main Street
Saco, ME 04072
Questions & Answers
This 0-bedroom, 0-bathroom land at 642 Main Street is listed at $1,650,000. The estimated monthly payment is $7,150 based on 20% down at 6.5% interest.
Key features include: 16.37 acre lot.
This property is listed by Michael Rogers and can be reached at 2073189984 or michael.c.rogers@exprealty.com.