3+/- Acre Commercial Lot on Route One

Vacant Land for Sale
Catylist Listing ID: 30872892
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Other
Gross Land Area: 3.06 Acres
Sale Price: $285,000
Unit Price: $93,137 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/5/2024

Overview / Comments

3+ acre commercial lot located directly on heavily traveled Route One with over 600 feet of frontage. This C1 zoned parcel is less than one mile southwest of exit 20 on I-295 and just minutes to Freeport Center. Situated between Autowerkes Maine and the Holiday Inn Express, the property lends itself to many uses including retail, restaurant, office, gas station/c-store, automotive-related, and hospitality. This rear of the property also abuts I-295 offering additional visibility for your business.

Attachments & Media

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $2,168 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 26/41-2
Zoning: C1 - COMMERCIAL 1
Property Visibility: Excellent
Feet of Frontage: 600
Traffic/Vehicle Count: 9,200
Site Description: Less than one mile southwest of exit 20 on I-295 and just minutes to Freeport Center.
Lot Frontage: 600
Topography: Other
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 651 10,305 23,423
Median Age: 31.05 45.91 45.14
Households: 327 4,411 9,467

Contact

Photograph of Listing Agent

Kirk A Butterfield

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