38 Acres - Village District of Litchfield, ME
Vacant Land
for Sale
| Catylist Listing ID: |
30798715 |
| Property Subtypes: |
Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Self Storage, Other
|
| Gross Land Area: |
38 Acres
|
| Sale Price: |
$355,000 |
| Unit Price: |
$9,342 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/18/2022 |
Overview / Comments
A prime opportunity to own 38+/- acres of open land in the growing Village District of Litchfield, Maine. "The village districts are designated to include three of the Town's traditional higher density and older commercial areas. The district is intended to accommodate primarily residential development. However, some service, retail and municipal uses will be permitted. The goal is to over time more clearly define the village areas by encouraging a denser pattern of development that incorporates some traditional design elements such as walking paths and proximity to some services and recreation."
This 38-acre parcel is the approximate sum of two abutting lots: A 22.65 acre lot having its own deed; and a 15.58-acre lot having its own deed. Both lots will transfer simultaneously at closing. 0 Academy Rd is conveniently located near Litchfield's grocery store, restaurants, gas station, 18-hole golf course, schools, hardware store, town office, transfer station, and is easily accessible from Exit-43, I-295. (The lines drawn on the aerial photos illustrate the approximate land boundaries. Sign on Property.
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Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$1,109 (Annual) |
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
0AcademyRdLitchfieldME04350 |
| Zoning: |
VILLAGE DISTRICT |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Academy Road, Richmond Road (Route 197) |
| Site Description: |
Open; Level; Pasture/Field; Agriculture; Farm; Right of Way. |
| Lot Frontage: |
Right-of-Way |
| Zoning Description: |
Village District Dimensional Requirements per Town of Litchfield Land Use Ordinance 2020:
Minimum lot size (1,4): 1 acre;
Road frontage (town) road, lane, common: 100 ft.;
Road frontage (private): road, lane, common driveway (3): 100 ft.;
*See attachments to view the full Table of Dimensional Requirements. |
| Topography: |
Gently Sloping |
| Easements: |
Ingress/Egress |
| Easements Description: |
Access to property will be via a 60 foot right-of-way located at 410 Academy Rd. |
| Water Service: |
None |
| Sewer Type: |
None |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
3,763 |
9,318 |
| Median Age: |
40.77 |
40.95 |
| Households: |
1,427 |
3,593 |
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