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
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.

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,324 9,515
Median Age: 41.6 41.66
Households: 886 3,692

Contact

Photograph of Listing Agent

Michael Rogers

Bean Group NECPE Member
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