650 Main ST, Saco, ME 04072
650 Main ST, Saco, ME 04072
650 Main ST, Saco, ME 04072
650 Main ST, Saco, ME 04072
650 Main ST, Saco, ME 04072
650 Main ST, Saco, ME 04072
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Listed by American Real Estate
$ 2,650,000

11,688 SqFt


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$ 2,650,000
Save

11,688 SqFt

Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Square Footage 11,688 sqft

MLS Listing ID 1653565

HOA Y/N No

Year Built 1955

Annual Tax Amount $10,842

Tax Year 2024

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 11688

Property Description

this recently renovated 20-room motel offers a compelling investment opportunity in the growing hospitality market of Saco, Maine.

Set on 0.93 of acre, the property features bright, modern, and stylish guest accommodations designed to provide comfort and convenience for travelers. In addition to the guest rooms, the property includes two office spaces and a private owner's suite, making it ideal for an owner-operator or professional management.

Positioned in a high-visibility, high-traffic corridor, the motel benefits from a strategic location with easy access to local attractions, nearby beaches, and major travel routes. On-site amenities enhance the guest experience while supporting strong occupancy potential.

The generous lot size also presents future development potential, with room to add additional structure or units or expand operations--offering investors the opportunity to further increase revenue and maximize returns.
Buyers are encouraged to perform their own due diligence regarding development possibilities and local zoning requirements.

Whether you're seeking a turn-key hospitality investment or a property with expansion upside, this well-located and renovated motel presents a rare opportunity in the Southern Maine market.

Location

State ME

County York

Zoning B-2b

Rooms

Basement Walk-Out Access, Sump Pump, Unfinished

Interior

Heating Hot Water, Baseboard

Cooling Window Unit(s)

Flooring Carpet

Exterior

Parking Features 21+ Spaces, On Site, Paved

View Y/N No

Roof Type Shingle

Building

Lot Description Near Shopping

Building Description Vinyl Siding,Wood Frame, Security System

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Propane

Maine MLS (MREIS) IDX

Nearby Locations

Brandon Howland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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650 Main ST