Catylist ID:
#30806337
Approved and Permitted 38 Unit Condo/Multi-Family
Vacant Land
for Sale
| Catylist Listing ID: | 30806337 |
| Property Subtypes: | Multi-Family |
| Gross Land Area: | 7.15 Acres |
| Sale Price: | $1,500,000 |
| Unit Price: | $209,790 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/18/2022 |
Overview / Comments
|
The Bethel Station Residence Development is on a picturesque 7.15-acre site at the crossroads of State Route 2 and State Route 26. Ideally located in the shadows of the western mountains and along the banks of the famous Androscoggin River, within 6 miles drive from the internationally known Sunday River Ski & Golfing 4 Season Resort. The Residences multi-unit residential condominium development is walking distance from the village of Bethel, Maine. Across the street from the fabulously restored GEM Theatre. Downtown Bethel Village is quaint and charming with its locally-owned shops, theater, museums, and restaurants, all within walking distance of each other. Recent Bethel Station developments include a Bowling Alley with entertainment center, and Dunkin's coffee shop. The Historic Bethel Inn is in the village, as is the internationally recognized Gould Academy, a small, academically rigorous New England private prep school. Area recreational amenities include fishing, boating, golf, and hiking, The plans include 38 condominium units in a 3-story complex with plans that include a fitness center/community room, personalized storage for biking, skiing and fishing gear, outdoor open space connecting to over 1,500 acres of managed trails. The sustainable site design includes dedicated unit parking and EV charging. The project is a mix of 2 Bedroom and 3-Bedroom units with six of the ground floor units having 1-Bedroom with attached garage. This is a shovel ready, fully approved project, with Brokerage, Architectural, and Project Management Services available. Detailed information available to qualified Buyers. Seller is a Maine Licensed Broker. |
Attachments & Media
Additional Details
| Nearest MSA: | Lewiston-Auburn |
| County: | Oxford |
| Submarket Type: | Redevelopment District |
| Taxing Authority: | Town of Bethel, Maine |
| Tax ID/APN: | 25-239 |
| Zoning: | NONE |
| Property Visibility: | Excellent |
| Feet of Frontage: | 1,740 |
| Site Description: | Level lot and shovel ready for the approvals. |
| Lot Frontage: | 1740 |
| Zoning Description: | No Zoning, building codes only. |
| In Flood Plain?: | Yes |
| Topography: | Level |
| Easements: | Utilities |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 1,870 | 1,870 |
| Median Age: | 44.31 | 44.31 |
| Households: | 825 | 825 |
Contact
Gerry O'ConnellKW CommercialNECPE Member |
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