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345 North St
Saco, ME 04072
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property consist 1.7 acres with approximately 300 feet of frontage on 112.
EXECUTIVE SUMMARY
We are pleased to offer this 3-building retail property for sale at 345 North Street in Saco. This is a prime redevelopment opportunity located on the opposite corner of the new Maine Turnpike Exit 35 ramp on to Route 112, which is scheduled for completion in 2024. This will become the preferred route to the Sebago Lake Region. The property consist 1.7 acres with approximately 300 feet of frontage on 112. There are three buildings totaling approximately 14,000 square feet currently leased to multiple tenants. Building 2 contains a full commercial kitchen and bar with an outside deck for additional seating.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
1998
Price
$4,048,168 CAD
Price Per SF
$337.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.07
Lot Size
3.90 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
21 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
205’ on North St
PROPERTY TAXES
| Parcel Number | SACO-000069-000003 | Improvements Assessment | $1,276,935 CAD |
| Land Assessment | $640,722 CAD | Total Assessment | $1,917,658 CAD |
PROPERTY TAXES
Parcel Number
SACO-000069-000003
Land Assessment
$640,722 CAD
Improvements Assessment
$1,276,935 CAD
Total Assessment
$1,917,658 CAD
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