200 Main Street
Vacant Land
for Sale
Also listed as Multi-Family, Business Opportunity
Catylist Listing ID: |
30781669 |
Property Subtypes: |
Multi-Family, Office, Other
|
Gross Land Area: |
19.40 Acres
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Sale Price: |
$595,000 |
Unit Price: |
$30,670 Per Acre |
Sale Terms: |
Cash to Seller, Owner Financing |
Cap Rate: |
Undisclosed |
Last Updated: |
9/13/2023 |
Overview / Comments
Proposed 36-unit multi-family and 3-unit commercial project in East Waterboro on 19.4 +/- acres is available to purchase at $15,256/unit. Contract zone agreement was approved last fall. Project requires applicable governmental approvals and permits.
It's a great location abutting Southern Maine Health Care hospital and just down the street from Hannaford and several other retailers. There is a dearth of housing in Northern York County.
Seller would consider a joint venture with a qualified buyer-developer.
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$2,385 (Annual) |
Additional Details
Nearest MSA: |
Portland-South Portland |
County: |
York |
Tax ID/APN: |
499 |
Zoning: |
VILLAGE & AGRICULTURE & RESIDENTIAL |
Site Description: |
Primarily level and wooded lot |
Lot Frontage: |
187 |
Topography: |
Level |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
2,324 |
9,515 |
Median Age: |
41.6 |
41.66 |
Households: |
886 |
3,692 |
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Neither New England Commercial Property Exchange nor
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