Prime 7.3 Acre Development Site

Vacant Land for Sale
Catylist Listing ID: 29736493
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Vacation/Resort
Gross Land Area: 7.30 Acres
Sale Price: $349,000
Unit Price: $47,808 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/28/2021

Overview / Comments

Great development site with 7.30 acres available for sale. Located on Augusta's busy Civic Center Drive (Route 27) corridor, this site is ideal for hotel, retail, restaurant or office use. The site is less than a half mile to Interstate 95 and sewer, water, and electric are available to the site. Area businesses include The Augusta Civic Center, The University of Maine Augusta, Dairy Queen, Sam's Italian Sandwich Shop, and Denny's. The Marketplace at Augusta Shopping Center is also nearby, which includes the Olive Garden, Walmart, Home Depot, Dick's Sporting Goods, Kohl's, Ruby Tuesday, Longhorn Steak House, Red Robin, Barnes & Noble, Regal Cinema, Kaplan University, and many other businesses. This property is priced to sell, so come join the other successful businesses!

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 5/50
Zoning: COMMERCIAL-CD
Market Type: Large
Road Type: Paved
Property Visibility: Excellent
Site Description: Great development site with 7.30 acres available for sale. Located in Augusta's busy Civic Center Drive (Route 27) corridor, this site is ideal for hotel, retail, restaurant or office use. The site is less than a half mile to interstate 95.
Area Description: The site is located on Civic Center Drive also known as (Route 27), which is one of the major roads in & out of Augusta. Most of Augusta's recent development has occurred on this corridor, including the new Maine General Medical Center and The Marketplace shopping center that includes Walmart, Home Depot, Olive Garden to name a few. Route 27 is used to connect to interstate 95.
Easements: Ingress/Egress
Available Utilities: Electric, Water, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,355 17,761 23,783
Median Age: 44.72 43.29 44.39
Households: 683 8,302 10,826

Contact

Photograph of Listing Agent

Dennis Wheelock

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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