Large Lot at York Beach
Vacant Land
for Sale
| Catylist Listing ID: |
30860690 |
| Property Subtypes: |
Hospitality, Multi-Family, Residential (Single Family), Vacation/Resort
|
| Gross Land Area: |
2.55 Acres
|
| Sale Price: |
$3,250,000 |
| Unit Price: |
$1,274,509 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/10/2024 |
Overview / Comments
|
Excellent development opportunity at York Beach in Maine! Just steps away from the beach and set visible from Route 1-A, this large lot has favorable zoning to develop a small sub division, potentially town houses, condo project, or hospitality. Favorable RES-7 zoning allows for increased dwelling units in certain scenarios. Public water and sewer available at street. Close proximity to York High school and it's many amenities. Potential to do an elderly ( 55+) development or workforce rentals.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Submarket/Township: |
Kittery/York/Eliot |
| Submarket Type: |
Other |
| Tax ID/APN: |
31280_125-293 |
| Zoning: |
RES-7 |
| Property Located Between: |
Long Beach Ave ( Route 1-A) & Webber Rd. |
| Property Visibility: |
Good |
| Legal Description: |
See deed |
| Largest Nearby Street: |
Route 1-A |
| Site Description: |
Lot has been mostly cleared. Ocean views from ground level on most of lot and would have superb views with multi level structure. |
| Area Description: |
York is bustling tourist town only an hour North of Boston. Easy access to all major highways for commuters and has many recreational activities. |
| Lot Frontage: |
399 |
| Topography: |
Level |
| Easements: |
Utilities |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,007 |
7,624 |
12,736 |
| Median Age: |
51.15 |
51.15 |
49.68 |
| Households: |
1,869 |
3,451 |
5,600 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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