Multi-Family/Commercial Developement Site / For Sale

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30670937
Property Subtypes: Industrial, Multi-Family, Office, Retail, Other
Gross Land Area: 0.35 Acres
Sale Price: $395,000
Unit Price: $1,128,571 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2021

Overview / Comments

0.346+/- AC SHOVEL-READY MULTI-FAMILY/COMMERCIAL DEVELOPMENT SITE

-0.346+/- Acre site located within the newly developed Ocean House Commons
-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 & High Schools and Police & Fire Departments among others

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05040_R02004006000
Zoning: TOWN CENTER
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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