108B New Meadows Road

Vacant Land for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30876847
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 2.67 Acres
Sale Price: $260,000
Unit Price: $97,378 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/11/2024

Overview / Comments

Rare waterfront 2.67 +/- acres with 500'+ shoreland replete with woods and meadow is available on Upper New Meadows Lake. Single-family and two-family are permitted uses along with an ADU. Confirm with code.

Seller is willing to allow a qualified developer to construct a speculative building and wait to get paid at closing.

ROW to the lake benefitting a neighbor will be relocated to the boundary line with Lot A at closing.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $1,428 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Sagadahoc
Tax ID/APN: 236
Zoning: RESIDENTIAL
Site Description: Waterfront lot with woods and meadow
Lot Frontage: 50

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,567 25,936
Median Age: 42.41 41.38
Households: 6,475 10,938

Contact

Photograph of Listing Agent

Michael Rogers

eXp Realty NECPE Member
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