Saco Island Commercial Property - Income Producing Saco, ME

Property Location MAP

100 Main Street, "Building #3"
Saco, ME 04072

Property #: AP24090

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Contact Agent

Mike Carey CAI
Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com
There is no hotter location right now. Biddeford-Saco is thriving, and Saco Island is a huge part of that acceleration. "Building #3" is an incredible opportunity to buy an income-producing, multi-use building that includes: successful restaurant (7,947+/- sq. ft.), 25 loft-style apartments (11,328+/- sq. ft.) and office space (3,200+/- sq. ft.). Directly adjacent to the Saco River and Amtrak Downeaster Station, Building #3 is an attractive long-term acquisition that will produce returns for years to come.
 
Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Mike Carey CAI

Mike Carey CAI: Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: None
  • Closing: 45-day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: $50,000, in cash or certified funds. Deposit to be increased to equal five percent (5%) of purchase price within five (5) days of auction end.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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