Oceanfront property with five bedrooms and unobstructed views of Saco Bay can't be beat! Continue utilizing this 3 season property as a popular weekly rental (over $78,000 in gross income projected for 2024) or convert to your year-round dream home. Imagine enjoying your morning coffee or evening cocktail on your private porch and family lobster bakes on your dune grass- studded beachfront. On the nights you don't feel like cooking, walk down the street for a bite at Huot's Seafood. There are many outstanding dining choices in adjacent Biddeford and Portland--just a 25 minute drive. The convenient Camp Ellis General Store is just 2 blocks away. Great outdoor shower. This classic beach cottage is set back enough to protect you from storms and features traditional pine paneling. Parking for 6 cars. If you're looking for investment, there is fantastic rental history. Purchase furnished or unfurnished. Property falls in Flood Zone X, meaning it does not require flood insurance. In January 2024 the City of Saco signed a $45 million Shoreline Erosion Mitigation Project with the Army Corps of Engineers which will further protect this and neighboring properties. This might be just the summer retreat you've been looking for!
RARE Opportunity in Downtown Saco!!! Take advantage of owning this unique mix-use commercial building for sale for the first time in many decades! It's in a prime location located off of US-Route 1, in between the busy Bangor Savings Bank and a new gluten free bakery is coming soon. This corner lot is active with lots of foot traffic and street parking right in front of the store. The property is conveniently on one level and is turnkey. If you are an interested investor, it's currently a successful pawn shop going on eight plus years! Otherwise, open up your dream business in this up-and-coming area, which is less than a mile from the ''mini-Portland'' of downtown Biddeford. It's also just minutes from the I-95 highway and the Amtrak train station. Get in while you can, as an extraordinary location like this is scarce, don't miss out! This is also under residential MLS #1588636.
Value-add opportunity to acquire a portion of 644 Main Street comprising 2.28 acres improved with single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its 20,000+ daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district. The right side of the building has a medical marijuana grow operation which is a permitted use on a short-term lease. Site is further improved with a two-unit, garage and cabins. Excluding the front pad site of 0.5 +/- acre, the list price is $1.6M. Additional land is available. Site is part of a master plan. Qualifies for the Opportunity Zone Federal Investment Program.
35 Unit Motel in a highly visible location & high traffic count. Close to airport, major restaurants, shopping & beaches. NDA will need to be signed. Seller will be doing a 1031 Exchange.
Saco is located in Maine. Saco, Maine has a population of 19,127. Saco is less family-centric than the surrounding county with 26.86% of the households containing married families with children. The county average for households married with children is 27.97%.
The median household income in Saco, Maine is $63,750. The median household income for the surrounding county is $62,618 compared to the national median of $57,652. The median age of people living in Saco is 42.2 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 49.8 inches per year, with 61.9 inches of snow per year.