Lewiston SF & MF development opportunity

Vacant Land for Sale
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.

Attachments & Media


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
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

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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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