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$1,650,000
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Property Description
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.
Full Property Details
Full Property Details for 642 Main St
General
- Price: $1,650,000
- Taxes: $1 (23)
- Status: Active
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1603280
- Updated: 4/24/2025
- Added to Site: 493 day(s) ago
Parking
- Parking Features: 21 or More Spaces, Common, On-Site Parking
Location
- County: York
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 16.37
- Lot Size (Sq. Ft.): 713,077.2
- Lot Size Source: Public Records
- Zoning: Portland Road
- Lot Description: Open, Level, Right of Way, Wooded, Near Turnpike/Interstate, Near Town
Financial Considerations
- Tax Amount: $1
- Tax Year: 23
Disclosures and Reports
- Lot Number: 10
Listed by EXP Realty (888) 439-8743
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Schools
Schools serving 642 Main St
School District:Saco Public Schools
| Name | Grades | Distance |
|---|---|---|
C K Burns School 135 Middle Street, Saco, ME 04072 | 3-5 | 1.1 mi |
Saco Middle School 40 Buxton Road, Saco, ME 04072 | 6-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 642 Main St
Date
Details
Price
Change
Source
9/10/2024
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 642 Main St
642 Main Street, Saco, ME 04072 (MLS# 1603280) is a Lots/Land property with a lot size of 16.37 acres. 642 Main Street is currently listed for $1,650,000 and was received on September 10, 2024. Want to learn more about 642 Main Street? Do you have questions about finding other Lots/Land real estate for sale in Saco? You can browse all Saco real estate or contact a Coldwell Banker agent to request more information.

