Saco, ME Property For Sale and Lease

Prime retail building for lease on a corner lot with frontage on Route One. Located near the Saco Valley Shopping Center which is anchored by Shaw’s Supermarket, this area is the center of Saco’s commercial hub. The property is located at a multi-road intersection and the Maine Turnpike is five minutes away. In addition to Shaw's, nearby businesses include TD Bank, Key Bank, Reny’s, Town & Country Federal Credit Union, The UPS Store, Cumberland Farms, the Saco Museum, and more.

We are pleased to offer for sale 78 Union Street in Saco. This is an excellent opportunity for an investor or partial owner-user to acquire this renovated 2-story, 4-unit within walking distance of Thornton Academy and Main Street in Saco. Also includes a 420± SF garage (excluded from building area). The 3rd floor unit is available for rent or for owner/user.

FREESTANDING RETAIL WITH DRIVE-THRU

2,952+/- SF building on 1.31+/- Acres located at the soon-to-be lighted intersection of US Route 1 and Waterfall Drive in the developing Cascade Falls neighborhood

Highly visible location along a stretch of Route 1 experiencing lots of new development with traffic counts of 17,840+/- cars/day (2022, AADT)

Ideal for retail, including all bank uses, service retail users, professional office, and more

Under New Ownership

2,952+/- SF building with 720+/- SF canopy w/ two (2) drive-thru windows

Ideal for retail, service retail users, professional office, and more

LEASE RATE: $27-$33/SF NNN See Broker for additional Lease Rate information

Overview:

Located at 937 Portland Road in Saco, Maine, this prime retail property presents an exceptional investment opportunity. With a total building size of 11,865 square feet and frontage on US-1, the property boasts high visibility and exposure, with a traffic count of 16,180 vehicles per day.

Description:

Featuring three long-term tenants, this property offers stability and consistent rental income. Currently leased at an average rate of only $13.74 per square foot, approximately 25% below market value, there exists significant potential for increased rental income upon lease renewal or renegotiation.

Key Features:

Strategic location on US-1 with high visibility.

Three long-term tenants providing stable rental income.

Opportunity to increase rental income by adjusting lease rates to market value.

Potential for value enhancement through property improvements and management strategies.

Market Information:

Saco, Maine enjoys a robust retail market supported by a strong local economy and growing population. The property's location on a major thoroughfare ensures consistent foot traffic and visibility, making it an attractive investment opportunity.

5,700+/- SF mixed use property located in southern Maine on a busy commuter route. The main floor of the building consists of a large retail space. The second floor offers additional commercial space as well as an apartment that could be owner occupied or rented for additional income. Set on over 1.7 acres with room to expand the existing building footprint, this property lends itself to many potential uses and/or redevelopment.

9,459± SF on two floors of office/industrial/flex space. Part of the Saco Island development along the Saco River. Historic mill building which underwent a complete historic tax credit renovation in 2018 to 2019. Building is in excellent condition with new roof, new windows, and freight elevator featuring high ceilings and exposed brick and beams. On-site parking for up to 20 vehicles. See broker for more details. One (1) 10’ overhead loading door. Ceiling heights range from 10’ 6” up to 15’ 7”

INDUSTRIAL & SELF STORAGE PROPERTY WITH BUILD-TO-SUIT OPTION

Four fully-leased industrial buildings and build-to-suit site

3,600+/- SF & 4,800+/- SF self storage facilities and 2,400+/- SF & 4,800+/- SF industrial buildings

Up to 18,300+/- SF build-to-suit warehouse building

Excellent location just off Maine Turnpike Exit 36

Ample on-site parking

We are pleased to offer a 1,800± SF retail/industrial building for lease on 5.25± acres at 830 Portland Road in Saco. Formerly used as a car dealership, this property offers two drive-in bays, one vehicle lift and a reception/office area. Excellent access and visibility along US Route One, with 15,980± cars/day and ample parking for customers on site.

We are pleased to offer a 4,400± SF building at 1 Enterprise Drive in Biddeford for sale. The property is fully leased to the State of Maine Department of Education. The property is located just off Alfred Street/Route 111 and less than 1-mile from Exit 32 of the Maine Turnpike/I-95. We have several other State leased properties available for sale.

We are pleased to offer 512 Main Street in Saco, Maine - a recently renovated two-story 180-seat restaurant and bar, conveniently located on US Route 1. This turn-key restaurant features a main dining room, full bar, lounge, take-out area, restrooms on both floors, and outdoor seating options. The site offers excellent visibility with high traffic counts, ample parking, and convenient access to the I-195 spur. Join neighbors like Starbucks, Jersey Mikes, Chipotle, McDonald’s, IHOP, Chase Bank, Convenient MD, VIP Tires, U-Haul, and Hannaford in this busy commercial hub.

Freezer and Refrigerated Distribution Facility of 42,704± SF situated on

4.23± acre site with additional graveled parcel of 2.5± acres.

The Only Freezer Facility Available in Southern Maine.

Immediate access off Exit 35 of I-95, construction completion in 2025.

Nine (9) loading docks.

20 - 23’ clear height.

Diesel fuel filling station on-site.

We are pleased to offer for lease this 40,000 - 100,000± SF industrial build-to-suit opportunity at 955 Portland Road in Saco. This unique location allows for a lighted primary entrance, numerous secondary access points, and sufficient land for abundant parking and loading areas, all conveniently located less than 5 miles from I-95 on/off ramps. Please see broker for pricing.

industrial land sites - build-to-suit

We are pleased to offer this undeveloped industrial land located off of Spring Hill Road in the Saco Industrial Park. There is municipal water and sewer, natural gas, and 3 phase power along Phillips Spring Road.

13,450+/- SF FLEX BUILDING

4,490 - 9,080+/- SF flex space, subdividable

Perfect for office and medical office uses

Ready for occupancy Spring 2023

Ample free parking!

Great location, easily accessible, less than three minutes to the Maine Turnpike

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.

We are pleased to offer 8,250 SF industrial space with a loading dock and a drive in overhead door. The space is available for occupancy by February 2024.

4,000± to 8,000± SF available for lease in a brand new industrial building with 18’± clear height. Each unit will be provided with its own 12’x12’ overhead door and 2 restrooms. I-1 zoning allows for a wide range of permitted uses. Located within 5 minutes of I-95, Exit 36, 10 minutes to downtown Saco and Biddeford, and 25 minutes to Portland. Significant power on-site (3,000A; 180/208V; 3 phase).

Industrial space divisible to 4,000± SF; I-1 zoning allows for a wide range of uses including R&D, light industrial, municipal, financial institution, contractor, brewery/distillery, and more. Taxes TBD.

Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its nearly 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. Site is further improved with a two-unit, garage and cabins.

Qualifies for the Opportunity Zone Federal Investment Program.

Additional land is available. Site is part of a master plan.

8+/- ACRE BUILD-TO-SUIT LAND PARCEL

2,000-40,000+/- SF on 8+/- Acres available for lease or build-to-suit with possibility of multiple buildings

Additional build-to-suit sites adjacent to 8+/- Acre lot

Highly visible location along a stretch of Route 1 experiencing lots of new development with traffic counts of 17,710+/- cars/day

Ideal for retail, restaurant, brewery, service retail users, etc.

Located at the intersection of US Route 1 and Waterfall Drive

Owner is seeking retail tenants

We are pleased to offer this 0.58± acre corner lot for sale, ground lease, or build-to-suit at 339 North Street in Saco. This is a prime opportunity to be 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. Great opportunity for retail or restaurant.

We are pleased to offer two industrial lots for sale along in the Mill Book Business Park in Saco. Lot 1 is 3.42± acres and Lot 2 is 3.70± acres. These sites are located just two miles from I-95, Exit 32 and easy access to Route 1 with a traffic light at the entrance to the park. There is a mix of industrial, service, and biotech companies in Mill Brook Business Park.

We are pleased to offer this vacant industrial land for sale off of Industrial Park Road in the Saco Industrial Park. The lot totals 11.6± acres, with 6.27± of uplands. The lot has municipal water and sewer, natural gas, and 3 phase power will be brought on-site.