Zoned Commercial, Mixed-Use, Multi-Family Housing

Vacant Land for Sale
Catylist Listing ID: 30632914
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, General
Gross Land Area: 14 Acres
Sale Price: $600,000
Unit Price: $42,857 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2020

Overview / Comments

Highly visible commercial land with extensive frontage on Rt. 302 -Roosevelt Trail and an adjacent parcel with access from Whites Bridge Road. These development parcels offer development potential for retail, office, mixed use, hotel senior housing and multi-family housing. Refer to C1 Zoning Ordinance. A middle turning lane was installed on Rt. 302 by MDOT during the months of September/October 2019.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Submarket/Township: Greater Portland
Submarket Type: Suburban
Taxing Authority: Windham, Maine
Tax ID/APN: 05250_018014B 000
Zoning: C1 COMMERCIAL
Property Located Between: Whites Bridge Road and Enterrpise Drive. Next door to Seacoast Fun Park.
Property Visibility: Excellent
Legal Description: Map 18; Lots 12, 12-2 and 14B
Largest Nearby Street: Anglers Road
Traffic/Vehicle Count: 24,000
Highway Access: Rt. 302 east/west
Airports: Portland
Site Description: The 14 acres is comprised of three (3) deeds. The site has 760 ' +/- on Rt. 302/Roosevelt Trail and 100' +/- on Whites Bridge Road.
Area Description: Land is very close to the North Windham Shopping District. High demand for rental housing in the immediate area.
Lot Frontage: 750' +/- and 100' +/-
Lot Depth: 900' +/-
Zoning Description: C1 Commercial Zone permits Commercial, Mixed-Use and Multi-Family Housing opportunities.
Topography: Hilly
Easements: Pipelines
Easements Description: Pipeline crosses a portion of the property in the back section.
Soil Type: Gravel
Available Utilities: Electric, Water, Gas, Cable
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 839 11,613 17,348
Median Age: 41.03 39.21 39.33
Households: 353 4,436 6,577

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