Development Site For Sale in Waterville

Vacant Land for Sale
Catylist Listing ID: 30501275
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 1.27 - 1.62 Acres
Sale Price: $175,000 - 315,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

1.27+/- acres with 213 feet of frontage on Route 137, one of Waterville’s main corridors. Expansive zoning and varied permitted uses; office, retail, hospitality, Multifamily and contract zoning if necessary. Easy access to Maine Turnpike exit 127 less than 1.5 miles away. Walking distance to Northern Light Inland Hospital and Hannaford Supermarket.

There are also two abutting lots available at 133 and 135 Kennedy Memorial Drive for an additional price of $140,000. The lots both have single family homes on them that will need to be torn down. Combined size for the two lots is .35+/- acres.


Finance Data Year 2019
Real Estate Taxes - Annual($) $900 (Annual)

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Submarket Type: Redevelopment District
Tax ID/APN: 37/244 & 37/228
Property Visibility: Excellent
Feet of Frontage: 213
Traffic/Vehicle Count: 17,640
Site Description: .48 acre on KMD and .79 acre(adjacent) on the corner of Carver & Merryfield.
Lot Frontage: 213
Zoning Description: Various & expansive commercial development permitted
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,455 23,296 32,910
Median Age: 41.34 39.66 40.81
Households: 2,886 9,680 13,649


Photograph of Listing Agent

Dustin Boutin

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
Photograph of Listing Agent

Dennis Wheelock

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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