Rare Downtown Berwick Development Site

Vacant Land for Sale
Catylist Listing ID: 30286301
Property Subtypes: Office, Retail
Gross Land Area: 0.50 Acres
Sale Price: $295,000
Unit Price: $590,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/6/2018

Overview / Comments

DEVELOPMENT SITE: The last developable commercial parcel (1/2 acre) on the main road in downtown Berwick. This corner lot in the Village Overlay District allows for a variety of uses, and minimizes setbacks. Two existing buildings* on site can be demo for development of this corner lot for a high-profile retail location. * Note, the 2-unit and small commercial building have potential for renovation and re-use. Potential for acquiring abutting parcels. Speak to listing agent

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $2,698 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Town of Berwick
Tax ID/APN: BERW-000001U-000000-000004
Zoning: CI
Traffic/Vehicle Count: 8,000
Highway Access: Route 236
Site Description: Business District
Lot Frontage: 300
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,615 21,765 53,365
Median Age: 33.49 38.22 38.99
Households: 1,895 8,758 21,155

Contact

Photograph of Listing Agent

Anthony J. Donovan

KW Coastal Realty NECPE Member
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