Corner Development Site
Vacant Land
for Sale
| Catylist Listing ID: |
30163806 |
| Property Subtypes: |
Industrial, Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
1.91 Acres
|
| Sale Price: |
$249,000 |
| Unit Price: |
$130,366 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/22/2023 |
Overview / Comments
|
Located in an area that serves traffic from Portland, Falmouth, Westbrook and the Lakes Region, this corner development site is ideal for service, retail or office users wanting high visibility and a traffic count of 15,000+ cars. Nearby Highland Lake and located on the thriving Route 302 corridor. Zoning allows a variety of uses.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
City of Westbrook |
| Tax ID/APN: |
Map 23 Lot 1 |
| Zoning: |
HIGHWAY SERVICES DISTRICT |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Route 302 |
| Feet of Frontage: |
360 |
| Traffic/Vehicle Count: |
15,000 |
| Highway Access: |
The site is at the corner of Route 302 and Methodist Road |
| Site Description: |
Previously approved for up to 19,000 square feet for mixed use office and retail. This is a highly visible development site at the corner of Route 302 and Methodist Road, Westbrook. |
| Area Description: |
On the corner of a commercial thoroughfare |
| Lot Frontage: |
360' on Route 302 and 315' on Methodist Road |
| Zoning Description: |
The City of Westbrook describes the Highway Services district as "comprised of the small commercial/retail areas located in the following areas: Methodist and Duck Pond Road neighborhood; Pride’s Corner Center; Spring Street at the city line; and small individual sites along Pride Street. The standards are meant to be flexible, but geared to improve appearance and reduce sprawl in these important mixed-use gateway centers." |
| Development Name: |
Mill Brook Commons |
| Available Utilities: |
Electric, Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,938 |
15,536 |
72,587 |
| Median Age: |
43.97 |
41.41 |
40.2 |
| Households: |
800 |
6,330 |
28,954 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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