Lewiston SF & MF development opportunity
Vacant Land
for Sale
Auction
| Catylist Listing ID: |
30819517 |
| Property Subtypes: |
Multi-Family, Residential (Single Family)
|
| Gross Land Area: |
23 Acres
|
| Sale Price: |
$100,000 |
| Unit Price: |
$4,347 Per Acre |
| Sale Terms: |
Cash to Seller |
| Up For Auction: |
Yes |
| Auction Type: |
Undisclosed Reserve |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/28/2023 |
Overview / Comments
|
Auction begins April 10th, 2023. Go to www.816college.com to register. 23 Wonderful acres in Lewiston situated close to the Railroad. Conveniently located just down the street from Bates College, minutes to Downtown Lewiston & Auburn. Easy access to I-95 for a commute to Augusta or Portland. Medium Density Residential zoning per City of Lewiston, great Single and Multi housing location opportunity! 'Medium-density residential district (MDR). (a) Statement of purpose. The purpose of the medium-density residential district is to provide areas within the city for the development of good quality multifamily housing at densities up to eight units per acre, and good quality single-family housing, at densities of up to two units per acre, including mobile homes where appropriate, while protecting established neighborhoods from undesirable impacts from these uses.' Access from the end of Rejane Ave which runs parallel with College Street.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$509 (Annual) |
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
LEWI-000113-000000-000018 |
| Zoning: |
MDR: MEDIUM DENSITY RESIDENTIAL |
| Largest Nearby Street: |
College |
| Site Description: |
Access points from Rejane Ave and Right of Way on College Street, possible 7 additional acres direclty on College Street available for additional cost. |
| Lot Frontage: |
50+ ft on Rejane Ave |
| Zoning Description: |
MDR, Medium Density Residential District. |
| Soil Type: |
Mixed |
| Water Service: |
None |
| Sewer Type: |
None |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,297 |
35,730 |
58,662 |
| Median Age: |
44.56 |
35.91 |
38.25 |
| Households: |
550 |
14,902 |
24,815 |
|
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