650 Main St

Beds
Baths
11,688 Sq. Ft.
$227 / Sq. Ft.
11,688
Sq. Ft.
$227
per Sq. Ft.

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,...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.
  1. Listed by Mushreq Alsamraee • American Real Estate
  2. Listed by Stephen Levine • American Real Estate

Property Details for 650 Main Street

Waterfront
No
Zoning
B-2b
LISTING UPDATED: 03/09/2026 03:15 AM

Property Details for 650 Main Street

StatusActive
MLS #1653565
Days on Market12
Taxes$10,842 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1955
Lot Size0.93 AC / 40,510 SF
CountyYork County

Location

Listing Courtesy of American Real Estate
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Building Information for 650 Main Street

Stories-Residences-Year Built1955Lot Size0.93 AC / 40,510 SF

Payment Calculator

$13,764 per month

30 year fixed, 6.11% Interest

Principal and Interest

$12,861

Property Taxes

$904

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 650 Main Street

Summary
Location and General Information
  • Zip Code: 1535
  • Directions: GPS-friendly direction line take Exit 36 toward U.S. Route 1 in Saco. Follow signs for Route 1 / Main Street heading south. Continue on Main St for approximately 1 mile
  • Town: Saco
  • State/Province: ME
  • Zip Code: 04072
  • County: York
  • Geo Latitude: 43.515672
  • Geo Longitude: -70.429742
  • Tax Lot: 010-001
  • Location:Near Shopping: Yes
Parking
  • Parking Features: 21+ Spaces, On Site, Paved
Taxes and HOA Information
  • Tax Book Number: 19401
  • Tax Map Number: 42
  • Tax Year: 2024
  • Parcel Number: SACO-000042-000010-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $10,842.00
Property
Lot Information
  • Lot Size Acres: 0.93
  • Building Area Total: 11688.0
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Lot Size Square Feet: 40510.8
  • Street Number: 650
  • Property Information:Surveyed: Unknown
  • Property Information:Deed: All
Property and Assessments
  • Leased Land: Yes
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1955
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Roof: Shingle
Interior Features
  • Basement: Walk-Out Access, Sump Pump, Unfinished
  • Flooring: Carpet
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Baseboard
  • Foundation Details: Block
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes

Property History for 650 Main Street

DateEvent & SourcePriceAppreciation
Mar 6, 2026

Listed (Active)

Maine Listings #1653565

$2,650,000
Apr 29, 2022

Sold

Maine Listings #1440209

$750,000
Mar 14, 2022

Pending

Maine Listings #1440209

Mar 12, 2022

Active Under Contract

Maine Listings #1440209

Dec 3, 2019

Listed (Active)

Maine Listings #1440209

$1,449,000
Nov 6, 2016

Expired

Maine Listings #1247428

$625,000
Nov 6, 2016

Expired

Maine Listings #1243709

$999,000
Jan 3, 2016

Listed (Active)

Maine Listings #1247428

$795,000
Nov 9, 2015

Listed (Active)

Maine Listings #1243709

$795,000
DateEvent & SourcePrice
03/06/2026

Listed (Active)

Maine Listings #1653565

$2,650,000
04/29/2022

Sold

Maine Listings #1440209

$750,000
03/14/2022

Pending

Maine Listings #1440209

03/12/2022

Active Under Contract

Maine Listings #1440209

12/03/2019

Listed (Active)

Maine Listings #1440209

$1,449,000
11/06/2016

Expired

Maine Listings #1247428

$625,000
11/06/2016

Expired

Maine Listings #1243709

$999,000
01/03/2016

Listed (Active)

Maine Listings #1247428

$795,000
11/09/2015

Listed (Active)

Maine Listings #1243709

$795,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 650 Main Street

Taxable ValueLand$300,600Additions$471,100Total$771,700
Tax Record2024$10,842 ($904 / month)
Home Facts
Total Finished SqFt5,808 SqFtAbove Grade Finished SqFt5,808 SqFtUnfinished Basement SqFt2,400 SqFtStories2Lot Size40,511 SqFtStyleHotel / MotelYear Built1955ZoningB-2BCountyYORKAPNSACO M:042 L:010 U:001-000

Schools near 650 Main Street

This home is within Saco Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
C K Burns School
Public3 to 5

Saco Middle School
Public6 to 8

Saco Transition Program
Public9 to 12

Young School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

650 Main Street is a mixed use property for sale in Saco, ME 04072. This property was listed for sale on March 6, 2026 by American Real Estate, it's currently listed at $2,650,000. It has been on the market for a total of 12 days and was last sold on April 29, 2022. This listing's school district is Saco Public Schools. Nearby schools include C K Burns School, Saco Middle School and Saco Transition Program. 650 Main Street is a 0-bed, 0-bath, 11,688 sqft mixed use property built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of American Real Estate

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.