Description
Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its nearly 20,000 daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district. Site is further improved with a three-unit (legal two-unit), garage and cabins.The right side of the building has a medical marijuana grow operation. The tenant has a short term lease with no lease extension options. He's interested in extending his lease. The left side is rented on a month-to-month basis.Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.Qualifies for the Opportunity Zone Federal Investment Program. Additional land is available. Site is part of a master plan.
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0BEDS
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1.4ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its nearly 20,000 daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district. Site is further improved with a three-unit (legal two-unit), garage and cabins.The right side of the building has a medical marijuana grow operation. The tenant has a short term lease with no lease extension options. He's interested in extending his lease. The left side is rented on a month-to-month basis.Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.Qualifies for the Opportunity Zone Federal Investment Program. Additional land is available. Site is part of a master plan.
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-03-24T12:48:11.85.
