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.
Active
$1,650,000
642 Main Street, Saco, ME 04072
--beds
--baths
16.37Acres
Land
Built in ----
16.37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large tract of land
- 330 days
- on Zillow |
- 63 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 01:47pm
Listed by:
EXP Realty
Source: Maine Listings,MLS#: 1603280

Travel times
Facts & features
Property
Parking
- Parking features: 21+ Spaces, Common, On Site
Lot
- Size: 16.37 Acres
- Features: Open Lot, Level, Right of Way, Wooded, Near Turnpike/Interstate, Near Town
Details
- Zoning: Portland Road
Utilities & green energy
- Electric: Three Phase, On Site
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Saco
Financial & listing details
- Annual tax amount: $1
- Date on market: 9/10/2024
- Electric utility on property: Yes
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