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Listed by Sprague & Curtis Real Estate • jim@spragueandcurtis.com
$725,000
17.88 Acres Lot
UPDATED:
08/22/2024 03:42 PM
Key Details
Property Type Land
Listing Status Active
MLS Listing ID 1570576
HOA Y/N No
Originating Board Maine Listings
Annual Tax Amount $1
Tax Year 22
Lot Size 17.880 Acres
Acres 17.88
Property Description
Excellent development opportunity - approved for up to 400 residential units!!! Civic Center Drive location, 17.88 acres, over 500 feet of road frontage, surveyed with site plans. Near Interstate 95, Maine General Hospital, the new VA Home, Marketplace Mall, Augusta Civic Center, etc. A great location for multifamily housing, city water and sewer, wonderful building parcel with scenic and pleasant westerly views. Architectural plans/prints available for 2 buildings, a 32 unit - 4 story building, and a 10-unit Townhouse. A rare find - a large development site for new apartments - there is a big need for more housing! Condominiums are also a possibility. Create your own residential neighborhood with a portfolio of multifamily buildings. May be a good candidate for affordable housing with Maine State Housing program. Call for more details. A great investment opportunity! Broker owned.
Location
State ME
County Kennebec
Zoning Commercial
Exterior
Garage No Driveway, None
Waterfront No
View Y/N Yes
View Scenic
Street Surface Paved
Parking Type No Driveway, None
Building
Lot Description Open Lot, Rolling Slope, Wooded, Interior Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Other
Sewer Public Sewer
Water Public
Others
Restrictions Unknown
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327