Multi-Family/Commercial Development Site / For Sale

Vacant Land for Sale
Sale Pending
Also listed as Multi-Family
Catylist Listing ID: 30670937
Property Subtypes: Industrial, Multi-Family, Office, Retail, Other
Status: Pending
Gross Land Area: 0.35 - 2.17 Acres
Sale Price: $385,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2024

Overview / Comments

0.35 AC, 1 AC and 0.82 AC sites located within the newly developed Town Common Circle

Zoning allows for commercial and multi-family development

Direct frontage on US Route 77 with traffic counts of 10,589+/- cars/day AADT

Located in the heart of downtown near the Pond Cove Shopping Plaza, City Hall, Middle and High Schools and Police and Fire Departments among others

Sale Price: $385,000 per lot

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05040_R02004006000
Property Visibility: Good
Site Description: WATER/SEWER: Stubbed to site PARKING: On-site ROAD FRONTAGE: 81’7”
Lot Frontage: 81
Zoning Description: Town Center

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,508 21,573 69,307
Median Age: 46.54 44.77 40.22
Households: 1,832 9,043 31,980
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