Saco, ME Property For Sale and Lease

Subject property is located at 461 Main St in Saco Maine. Current tenant is Walgreens with a 20 year initial lease term and (4) 5 year renewal options. Walgreens is the only national Drug Store in Saco, ME!

Building was built in 1997 and is 11,180 +/- SF on 2.22 AC of land.

Subject property is located on Route 1 with high traffic counts. To the south of the property on Route 1 the average daily traffic count is 22,440 and to the north on Route 1 the average daily traffic count is 23,590!

Landlord is responsible for the roof and structure of the building.

Walgreen’s recently exercised their second renewal option (a year early, showing their strong commitment to the site), extending the lease until 2027.

Rent is as follows:

**Projection is based on 2022 rent increase. (Seller is pledging the difference in rent, $12,298, until the new rent begins in approximately 12 months.

Option 1 (2017-2022)- $210,743 Annually

Option 2 (2022-2027) – $223,041 Annually

Option 3 (2027-2032) -$234,221 Annually

Option 4 (2032-2037) – $245,401 Annually

*Walgreens has a restriction on 2-mile radius of property for drugstore, beauty and health products.

Demographics: Median-Income:

Mile 1- 6,019 Mile 1- $38,494

Mile 2- 31,269 Mile 2- $40,227

Mile 3- 48,288 Mile 3- $45,289

Redevelopment opportunity for 19.58 +/- acres with 543' +/- frontage on Route 1 southbound with daily traffic count approaching 20,000. Its proximity to I195 ramp, 1/4 mile to the south is appealing. The dearth of available land in this section of Route 1, part of Saco's expanding central business district, makes this site even more inviting.

New Portland Road District zoning ordinance became effective in April 2021. It improved the development viability for the subject property. Residential use density is 7,500 SF, but elderly/disable use density is 1,000 SF, thereby making the site appealing to a large scale development project, ideally in units 3 and 6, respectively.

A master plan with varied uses including retail, drive-thru, automobile dealership, commercial, residential (multi-family, townhouse & senior) and storage would be well received by the market and the town. Qualifies for Opportunity Zone Federal Investment Program.

Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank (next door), Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, across the street, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south.

Currently, there is a single-story 10,550 SF building and several vacant buildings that are tear-downs. Smaller lots are available, see the six listings.

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.

Prime retail/office space for lease anchored by the AT&T store. Located across from the Saco Valley Shopping Center which is anchored by Shaw’s Supermarket, this area is the center of Saco’s commercial hub. Route One is just around the corner 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.

4,350+/- SF retail & office building

2,333+/- SF second floor office space for lease

Prime location close to downtown Saco with traffic counts of 16,802+/- cars/day

Cia Cafe is located on the first floor, a popular breakfast and lunch spot

Ample on-site parking

Potential for up to 20,000± SF of build-to-suit expansion with significant power next to the existing Industrial/Flex/Office building at 41 Spring Hill Road in Saco, ME. I-1 zoning allows for a wide range of uses including R&D, light industrial, municipal, financial institution, contractor, brewery/distillery, child care facility, and more. Situated within 5 minutes of I-95, Exit 36, 10 minutes to downtown Saco and Biddeford, and 25 minutes to Portland.

3,091± SF of office/flex space with a flexible floor plan consisting of a professional foyer, 1 private office, a conference room, bathroom, and brand new kitchenette is available for lease in the existing building, see broker for details.

Potential for up to 20,000 SF of build-to-suit expansion; 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.

We are pleased to offer for sale a 62± acre development site close to downtown Saco. The parcel is ideal for residential development including senior care, single family, or multi-family; or as a mixed-use site.

Large, free standing, 5500+/-sf industrial building at 15 Lund Road. Perfect for cold storage. Space has electricity, no heat. Plenty of parking.

Cold storage, free standing building at 15 Lund Road. 5500+/- sf of available space. No heat. Electricity onsite. Plenty of parking. Available immediately.

13,200± SF FLEX SPACE

3,000 to 13,200± SF flex space suites

New construction

Ready for occupancy Spring 2022

Ample free parking!

Great location, easily accessible with immediate access to the Maine Turnpike

LEASE RATE: $12.00/SF NNN

3,000-10,000+/- SF of office/recreation/food space available!

This suite was previously occupied by the Michael Phelps swim school.

Ideal for spin, yoga, barre/ballet/dance, martial arts, pickleball, photography, chiropractor, sports psychologist and other sports related users.

Located in the OA Sports Center, a state-of-the-art complex that offers athletes and fitness-minded individuals access to a fully integrated orthopaedics, sports medicine and physical rehabilitation center. It is also home to 3sport, Hitters Count baseball/training facility, River Rats travel baseball program, Gymnation Gymnastics and more!

Area businesses include People’s Choice Credit Union, Saco Sport & Fitness and Madden Beverage among others.

Easily accessible off Maine Turnpike Exit 36.

Abundant on-site parking.

3,000+/- SF of office/recreation space available! Ceiling is 25+/-ft high in this area.

This suite was previously occupied by the Michael Phelps swim school and is in a high visibility area within the building.

Ideal for spin, yoga, barre/ballet/dance, martial arts, pickleball, sports photography and other sports related users.

Located in the OA Sports Center, a state-of-the-art complex that offers athletes and fitness-minded individuals access to a fully integrated orthopaedics, sports medicine and physical rehabilitation center. It is also home to 3sport, Hitters Count baseball/training facility, River Rats travel baseball program, Gymnation Gymnastics and more!

Area businesses include People’s Choice Credit Union, Saco Sport & Fitness and Madden Beverage among others.

Easily accessible off Maine Turnpike Exit 36.

Abundant on-site parking.

Industrial space for lease located off Route 1 in Saco.

See brochure attached.

INDUSTRIAL/FLEX CONDO UNITS FOR SALE

ONLY ONE UNIT REMAINS:

Unit 2: 1,957± SF

New construction at Mill Brook Business Center

Units include basic finishes including tiled bathroom, tiled office, and drive-in garage with options for add-ons or exclusions from the basic package to suit buyer’s requirements

Ample on-site parking; great visibility

Seeking a small office building to lease on Route 1 in Saco? Look no more, 840 Portland Road will meet your need for three offices, large conference/work room, reception area, kitchenette, two bathrooms, onsite parking and Route 1 visibility.

Tenant pays electric, oil heat, water/sewer and snow plowing. Landlord pays real estate taxes.

We are pleased to offer 95 King Street in Saco for sale. Currently operated as a dormitory by Thornton Academy, this property offers a great opportunity for a non-profit or investor to own a residential building at a fraction of the cost to build new. Improvements included a newer constructed addition with 10 dorm style rooms serviced by five (5) bathrooms, a dining room with lounge area, full kitchen, and laundry. The original building includes an additional 3-4 bedrooms with a two (2) full bathrooms, one (1) half bathroom and kitchen.

3,750± SF top floor office space with excellent visibility on busy Main Street in Saco

Traffic counts of 14,759 cars/day AADT (2019)

Nearby businesses include Saco City Hall, Saco House of Pizza, Bangor Savings Bank, Agren Appliance, Saco & Biddeford Savings, Gorham Bike & Ski, Saco Valley Shopping Center and many, many more

The space boasts impressive ceiling heights with excellent natural light and a competitive lease rate

Calare Properties is offering the customization of a build-to-suit option, up to 165,000± and 60' clear height with 33 tailboard doors and parking for 47± trailers, on a premier site that allows for a larger scale distribution, cold storage, manufacturing, biopharma, and/or office/R&D type facility in the fast growing Greater Portland market.

1,386 - 2,800± SF of new development retail/restaurant space available

Q1 2022 delivery

Located at lighted intersection on busy Main Street (Route 1) corridor

Excellent visibility and signage opportunities, with immediate access to I-195

Nearby businesses include Chase Bank, Dunkin’, KFC/Taco Bell, Starbucks, Hannaford, McDonald’s, Wendy’s, Ricetta’s, ConvenientMD, Saco Valley Credit Union, Biddeford Saco Dental and many more

Traffic counts of 23,210 AADT 2019

76 total proposed parking spaces

2,500 - 5,000± SF of Class A office space (Tenant shall pay pro rata share of 2,000± SF shared common space).

Shared common space includes a furnished conference room with video conference capabilities, reception area, common bathrooms, common breakroom and a furnished rooftop patio

Excellent location within the Throttle Car Club at Innovation District at The Downs - more info: www.ThrottleCarClub.com

Access to amenities such as walking/bike trails and discounted Throttle Car Club membership

The office has its own separate rear entrance with customized keyfob access

Access to high speed fiberoptic network

Advanced on-site video surveillance system

30± parking spaces, with an EV charger available in the rear lot

$17.00/sf NNN (includes electricity cost)

Unit #4 is the proposed 130' monopole cellular tower plan that was previously approved, but permit has elapsed. The site would have an easement for access from the proposed master plan complex.

Qualifies for Opportunity Zone Federal Investment Program.

Development opportunity to acquire a corner lot at planned four-way lighted intersection on Rt. 1 in Saco's expanding business district as part of a master plan complex.

Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, across the street, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.

Highest and best uses are a QSR (quick service retail) or bank. Qualifies for the Opportunity Zone Federal Investment Program.

Land area is approximate and negotiable. Additional land is available.

Former 20-key (and office) Hilltop Motor Inn is available to renovate or redevelop into any of the many permitted business uses. The 5,805 +/- square foot two-story building has 203' +/- frontage on Rt. 1 in Saco's expanding business district is appealing. Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.

Rooms average around 200 square feet. Each room has a bathroom.

Highest and best uses are retail, hospitality and medical. Qualifies for Opportunity Zone Federal Investment Program. Additional land is available.

We are pleased to offer for lease a 9,000± SF industrial building that is subdividable to 5,500± SF and 3,500± SF spaces. Located in Saco Industrial Park approximately one

(1) mile from Maine Turnpike/I95 Exit 36.

We are pleased to offer for lease a 9,000± SF industrial building that is subdividable to 5,500± SF and 3,500± SF spaces. Located in Saco Industrial Park approximately one (1) mile from Maine Turnpike/I95 Exit 36.

2,230 SF & 2,685 SF AVAILABLE

•2,230± SF former Daycare space - end unit

•2,685± SF office/retail space

•Easily accessible and ample on-site parking

•Join Maine Paint, Bridge Support Services and Seashore Property Management at the popular retail corridor of Saco

2,230 SF & 2,685 SF AVAILABLE

•2,230± SF former Daycare space - end unit

•2,685± SF office/retail space

•Easily accessible and ample on-site parking

•Join Maine Paint, Bridge Support Services and Seashore Property Management at the popularretail corridor of Saco

• Located in Opportunity Zone

• Turnpike Visibility

• 12.5± Developable Acres

3,000-6,000± SF (build-to-suit) on 1.19± acres.

Conveniently located at the lighted intersection of Route One and Cascade Road.

Traffic Count: 5,570 (AADT 2019) for Cascade Road and 14,580 (AADT 2019) for Portland Road.

Lease Rate: TBD. See Broker for Details.

Sale Price: $395,000

Located in York County Opportunity Zone

Just off I-195 Exit 2 and I-95 Exit 36

Excellent opportunity for developers or owner/users seeking a large site in

Southern Maine with easy access to major transportation routes

Zoning allows for a wide-range of uses including hotels, retail businesses, professional offices, healthcare clinics, adult care services, mobile home parks, etc.

Sale Price: $895,000

OFFICE SPACE

• Excellent visibility, beautiful brick and beam finishes and

abundance of natural light, ideal for restaurant

• Great location in the restored historic Saco Mill

• Ample on-site parking

• Signage on building and street pylon

• On-site gym and café

LEASE RATE: $15.00/SF MG

• 1,170± SF and 1,480± SF office/retail spaces now available

• Originally built in 1867, these units have been completely remodeled into new modern spaces

• Great visibility in the middle of Saco Auto Mile

• Ample parking!

LEASE RATE: $1,400 and $1,650 per month MG

We are pleased to offer vacant industrial land for sale off Saco’s Industrial Park Road. The 11.6± acre lot is located in the Saco Industrial Park. Municipal water and sewer, natural gas, and 3 phase power to be brought on-site.

35,550± SF industrial building on 6.9± acres in the Saco Industrial Park

Ideally situated between U.S. Route 1 and Maine Turnpike Exit 36

10,126± SF currently available for sublease

Space includes 24’ ceiling height, 3-phase power, floor drains, one (1) loading dock with potential for additional to be added

Located in an “Opportunity Zone”

Join Franklin Fueling Systems and Nestle Waters of North America

Lease Rate: $7.25/SF NNN