29-31 Eastern Avenue, Saco, ME 04072 ⋆

29-31 Eastern Avenue, Saco, ME 04072

$2,400,000

Virtual Tour

https://www.youtube.com/watch?v=0kewHeinimo&t=22s

Property Type: Commercial Square Footage: 4,166 Lot Size (sq. ft.): 30,928 Status: Closed

Current Price: $2,400,000 List Date: 8/17/2021 Last Modified: 1/09/2025

Overview

Description

Rare opportunity to redevelop in the heart of Camp Ellis at the site of a successful, multi-generational family business. Flexible Camp Ellis Zone permits many uses from commercial to residential to multi-use. Existing use involves successful restaurant with bar, parking lot, and adjacent outdoor space for seating and employee parking. Listing does not reflect underlying business or business equipment, however Seller is open to exploring that option with the right buyer. Local ordinances, Saco River Corridor and environmental protections apply. This is a once-in-a-lifetime opportunity to redefine an iconic oceanside location. Don't miss it!

Listing Details MLS# 1505522

Location Information

Street #: 29-31
Street Name: Eastern
Street Type: Avenue
County: York
Town: Saco
State/Province: ME
Zip Code: 04072
Leased Land: No
Book: 17565
Page: 635
Map: Yes
Lot: 52/22/48
Zoning: B-5
Zoning Overlay: Yes
Association Y/N: No

Contract Information

Original List Price: 2200000

Property Information

Primary Use: Mixed Use
Surveyed: No
SqFt Finished Total: 4166
Lot Size Acres +/-: 0.71

Status Change Info

Pending Date: 2021-12-17
Closed Date: 2022-04-13
Closed Price: 2400000

Water Info

Water View: Yes

Sold Info

Appraiser Email Address: bill.mclaughlin@cushwake.com

More Information

Location

Downtown: Yes
Water View: Yes

Source of Water Frontage

Other: Yes

Property Uses

Bar/Tavern/Lounge: Yes
Business Park: Yes
Development: Yes
Office Building: Yes
Other: Yes
Restaurant: Yes
Vacant: Yes

Water Body Type

Ocean: Yes
River: Yes

Construction

Wood Frame: Yes

Parking

21+ Spaces: Yes
Off Street: Yes
Paved: Yes

Electric

On Site: Yes

Sewer

Public Sewer: Yes

Property Features

Location: Downtown; Water View Source of Water Frontage: Other Water Body Type: Ocean; River Construction: Wood Frame Property Uses: Bar/Tavern/Lounge; Business Park; Development; Office Building; Other; Restaurant; Vacant Parking: 21+ Spaces; Off Street; Paved Electric: On Site Sewer: Public Sewer

Documents

deed ›

Listing Office: Demetria Real Estate

IDX

Last Updated: January - 09 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

29-31 Eastern Avenue, Saco, ME 04072 (MLS# 1505522)