Listed by Exp Realty
$1,650,000
642-644 Main Street
Details
Property Type Land
Sub Type Commercial, Residential
Acreage 15.620
Zoning Portland Road
Multi-family/hospitality development opportunity
Marketing description
Large tract of land is ideally suited for age-restricted multi-family housing as Saco requires density of 1,000 square feet per dwelling unit. Estimate 150 +/- dwellling units with 1,000 SF density are achievable.
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 another quarter mile south. It's located in the Qualified Opportunity Zone.
List price is a plug as it's listed at $11,000 per door.
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Listed by Exp Realty
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