Route 111 Development Site next to Dunkin Donuts
Vacant Land
for Sale
| Catylist Listing ID: |
30816358 |
| Property Subtypes: |
Hospitality, Industrial, Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
9.19 Acres
|
| Sale Price: |
$595,000 |
| Unit Price: |
$64,744 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/28/2024 |
Overview / Comments
|
Located on highly travelled Route 111 adjacent to Dunkin Donuts in the growing crossroads section of Lyman where Route 35 and Route 111 intersect. Popular Southern Maine Veterinary Care is adjacent to the site on the opposite side boundary. Excellent visibility for many commercial uses and flexible zoning. Grandfathered curb cut. 15,000+ Traffic Count. Lyman is a growing community with demand for commercial uses.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Taxing Authority: |
Town of Lyman |
| Tax ID/APN: |
Map 12-003-01 and Map 08-055 |
| Zoning: |
COMMERCIAL AND GENERAL PURPOSE RESIDENTIAL |
| Property Located Between: |
Dunkin Donuts and Southern Maine Veterinary Care on Route 111, Lyman |
| Property Visibility: |
Excellent |
| Legal Description: |
Book 18293 Page 457 and Book 10110 Page 71 |
| Largest Nearby Street: |
Route 111 |
| Highway Access: |
Nearby Turnpike Exit 32 |
| Site Description: |
Highly visible acreage comprised of two separate lots (1.03+/- acres and 8.16+/- acres). The smaller lot has a Grandfathered curb cut that can serve both lots. |
| Area Description: |
An established commercial center growing to meet demand for goods and services. |
| Lot Frontage: |
600+ |
| Zoning Description: |
Commercial |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,759 |
15,171 |
24,688 |
| Median Age: |
37.39 |
41.03 |
41.18 |
| Households: |
718 |
6,327 |
10,055 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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