Catylist ID:
#30499702
Land - Development Opportunity in Topsham's Village Center
Vacant Land
for Sale
| Catylist Listing ID: | 30499702 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad |
| Gross Land Area: | 4.23 Acres |
| Sale Price: | $1,800,000 |
| Unit Price: | $425,531 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/24/2020 |
Overview / Comments
|
Located across the street from the Topsham Municipal offices and Public Safety building, 99 Main Street in Topsham is an excellent downtown development opportunity. The Village Center zoning allows for a variety of uses on this currently vacant lot. This area is envisioned for a mixed-use, high density development. The site served for many years as the location of a prominent local engineering firm and is now ready for redevelopment. Situated in the heart of Topsham's upper village, this location is a key parcel in the future build out of the emerging neighborhood center. The property is easily accessible to I-295 / Topsham Fair Mall. Excellent demographics and neighboring businesses, this is a unique development opportunity. |
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Sagadahoc |
| Taxing Authority: | Town of Topsham |
| Tax ID/APN: | TOPM-000005-000000-000045U |
| Zoning: | VILLAGE CENTER |
| Property Located Between: | Gibbs Oil and Lee Nissan / US Postal Service |
| Property Visibility: | Excellent |
| Legal Description: | Situated on the Augusta Road, so called, also known as State Highway Route No. 201, at the junction of the Lewiston Road, so called, also known as State Highway Route No. 196, beginning at a granite monument set in the ground on the easterly sideline of the Augusta Road about one hundred fifty (150) feed, more or less, northerly from the corner of the Lewis Homestead (now or formerly); thence North 03 degrees 00 minutes East on the easterly sideline of said highway four hundred (400) feet to a granite monument and land now or formerly of E.C. Lewis, thence South 78 degrees, 00 minutes East five hundred forty-nine and twenty hundredths (549.20) feet to a granite monument and land now or formerly of Leon M. Howland; thence South 26 degrees 41 minutes 27 seconds West four hundred eight and seventy-one hundredths (408.71) feet to a granite monument and corner of land now or formerly of Howland and other land now or formerly of Lewis; thence North 78 degrees 00 minutes West three hundred eighty-two and ninety hundredths (382.90) feet passing over a mound of ledge outcrop to a granite monument and point of beginning. |
| Largest Nearby Street: | Route 201 |
| Feet of Frontage: | 236 |
| Highway Access: | Less than 1 mile from I-295, Exit 31 |
| Site Description: | 4.23 acre vacant lot. Flat, grass with paved sections. Street trees. 1 small electrical building. Directions: Exit 31 for Topsham/Lisbon. Turn right onto ME-196 E/Lewiston Rd (signs for Topsham Fair Mall Rd). Continue to follow ME-196 E [0.6 mi]. Turn right onto Main St [0.1 mi]. Lot is after the Post Office and before Gibbs Oil Gas Station. |
| Lot Frontage: | Approx 236 ft |
| Zoning Description: | Village Center Zoning: The objective of the Village Center Zone is to provide for civic and mixed-use development opportunities, while utilizing buildings and streetscape components to define Main Street and promote a pedestrian friendly environment. New or renovated buildings shall be designed in a New England style in keeping with historic character of the Middle Village and recent developments in the Lower Village. Shared driveways and parking, limited curb cuts, new sidewalks and streetscaping, crosswalks, signage and other amenities will create a safe pedestrian environment. [Added 11-13-2008 STM, Art. 8; amended 5-20-2009 STM, Art. 15] |
| Topography: | Level |
| Easements: | Electric Lines, Other |
| Easements Description: | Electrical easement and town bike path easement |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,223 | 19,551 | 29,144 |
| Median Age: | 43.14 | 42.28 | 42.66 |
| Households: | 1,018 | 8,336 | 12,156 |
Contact
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