650 Main STSaco, ME 04072MLS Number 1247428

  • Price $625,000
  • Est. Mortgage of $/month
$/month over payments
Federal 30-year interest rate: 3.47% last updated on Oct 13, 2016
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $625,000List Price
  • 1955Year Built
  • 0.93Acreage
  • 8208Square Feet
MLS#: 1247428

Listed well below replacement cost for this 20-unit motel. It has great cash flow operating the motel with weekly rentals as it has been for several years. Its long-term potential is likely as medical or retail use with drive-thru which are permitted in this business-friendly B-2b zone. Site enjoys strong Rt. 1 visibility, high traffic count exceeding 21, 000 daily and located just north of I195 ramp. Also listed as hospitality.

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Property Details of 650 Main ST

Property Details


  • List Price: $625,000
  • MLS Number: 1247428
  • Status: ACT
  • Acreage: 0.93
  • Date Listed: 2016-09-25T15:11:38
  • Modification Date: 07/28/2016
  • Broker Name: The Maine Real Estate Network


  • Square Feet: 8208
  • Year Built: 1955
  • Zoning: B-2b
  • Stories: 2
  • Roof: Composition
  • Building Construction: Wood Frame


  • Building Number: 650
  • Street: Main ST
  • Town: Saco
  • County: York
  • State: ME
  • Zip: 04072
  • Address: 650 Main ST

Interior Features


  • Basement: Sump Pump, Unfinished, Walk-Out

Exterior Features


  • Parking Spaces: 21+ Spaces, Paved
  • Vehicle Storage: Off Street Parking
  • Driveway: Paved
  • Road Frontage: 200
  • Road Frontage Description: Public
  • Exterior: Clapboard

Utilities and Appliances

Utilities and Appliances

  • Heat System: Baseboard
  • Heating Fuel: Oil
  • Water: Public
  • Water Heater: Tank
  • Waste Water Disposal: Public


Community Amenities

  • Amenities: 1st Floor Bedroom

Other Details


  • Water Frontage: No

Saco, ME Demographics

There is no data available

Saco, ME Real Estate Market Data

There is no data available

Saco, ME Schools

School NameDistanceTypeGradesTest Score RatingParent Rating

Michael Rogers

Michael Rogers


Hello, I'm excited with my new affiliation with The Maine Real Estate Network! 

My real estate background dates back to when I was a corporate real estate executive with Xerox Corporation in Stamford, CT, in 1991.  I was formerly an accountant in Lexington, MA, with a semiconductor firm later purchased by Texas Instruments.  

I have a BS degree in Accountancy from Bentley University and an MBA degree from Penn State University’s Smeal Graduate School of Business.  I taught managerial accounting while matriculating.

After Xerox I founded a real estate brokerage agency and later a real estate development company in Portland.  I’ve represented buyers, sellers, landlords and tenants, respectively, in a plethora of transactions encompassing single family, multi-unit, office, retail, restaurant, medical, industrial and land.

I have experience in all aspects of commercial real estate including site selection, feasibility, zoning, planning, design, placement, contractual negotiations, construction, marketing, and tenant fit-up.

I assist clients, including individuals, developers, REITs, private wealth funds and 1031 exchanges, with their real estate requirements locally and nationally across a wide spectrum encompassing land, residential and various sectors of net lease (NNN) properties: office, medical, shopping centers, retail, restaurant, hospitality and industrial.  My goal is to create value for clients while managing appropriate level of risk.

I have many interests including early morning running, many types of sports and occasionally perform stand-up comedy (I won’t quit my day job). I welcome the opportunity to assist you with your commercial real estate requirements.
Listed by Michael Rogers of South Portland

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