832 College St
Vacant Land
for Sale
Auction
| Catylist Listing ID: |
30819517 |
| Property Subtypes: |
Multi-Family, Residential (Single Family), Other
|
| Gross Land Area: |
30 Acres
|
| Sale Price: |
$800,000 |
| Unit Price: |
$26,666 Per Acre |
| Sale Terms: |
Cash to Seller |
| Up For Auction: |
Yes |
| Auction Type: |
Undisclosed Reserve |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/1/2023 |
Overview / Comments
|
AUCTION June 5th 2023. Go to www.832College.com for details. 30 wonderful acres (Possible up to 240 unit development per city regs) in Lewiston conveniently located just down the street from Bates College, minutes to Downtown Lewiston & Auburn. 2 Access points ingress & egress from 832 College Street (called College Street because Bates College is on this same street) and the end of Rejane Ave - confusingly called 816 College Rear by the city of Lewiston instead of just saying the end of Rejane ave. Easy access to Maine Turnpike I95 entrance/exit 80 for a commute to Portland area Turnpike entrances/exits miles 53 to 42. Currently one single family home is on property. Medium Density Residential zoning per City of Lewiston. From the City of Lewiston: "Medium-density residential district (MDR). (a) Statement of purpose. The purpose of the medium-density residential district is to provide areas within the city for the development of good quality multifamily housing at densities up to eight units per acre, and good quality single-family housing, at densities of up to two units per acre, including mobile homes where appropriate, while protecting established neighborhoods from undesirable impacts from these uses."
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$509 (Annual) |
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Submarket Type: |
Suburban |
| Tax ID/APN: |
LEWI-000113-000000-000018 |
| Zoning: |
MDR: MEDIUM DENSITY RESIDENTIAL |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
College |
| Site Description: |
30 acres, 2 parcels. 832 College Street (direct road frontage here) and abutting 816 College Street Rear which is accessible from the end of Rejane Ave, sellers have permission to place road but have not done so - this would provide a second ingress & egress point. Municipal water. |
| Lot Frontage: |
200 ft on College St |
| Zoning Description: |
MDR, Medium Density Residential District. |
| Topography: |
Other |
| Easements: |
Electric Lines |
| Soil Type: |
Mixed |
| Available Utilities: |
Electric |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,297 |
34,715 |
58,662 |
| Median Age: |
44.56 |
35.7 |
38.25 |
| Households: |
550 |
14,425 |
24,815 |
|
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