ACT
Price$6,500,000
Est. Mortgage: $/month
ActiveMLS Number 1589555
This exceptional opportunity presents a fully-approved site for a 250-unit multi-family rental housing development that is ''Shovel Ready.'' The package includes a significant property tax reduction and architectural plans, along with two street front Retail / Commercial sites valued at a total of $750,000.
Situated approximately 4,000 feet west of I-95 on Civic Center Drive, at the intersection of Leighton Rd. The current approved plans feature 125 X 1 Bed Jr, 118 X 1 Bed, and 8 X1 Bed plus units, along with 36 covered garage spaces.
While the residential configuration and site plan can be adjusted, the plan has been meticulously crafted by a renowned architectural firm to mirror the projects in Biddeford and Lebanon, NH.
The approvals from both the City and State for Tax Increment Financing and a Credit Enhancement Agreement (TIF/CEA) will reduce property taxes by approximately 65% for 25 years, yielding over $315,000 annually to the Net Operating Income (NOI).
The State Department of Environmental Protection (DEP) has pre-approved the project under the Site Location Development Act (SLODA), enabling immediate construction commencement without facing a delay of up to one year.
Listed by Keller Williams Realty Metropolitan
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ACT
Price$5,000,000
Est. Mortgage: $/month
ActiveMLS Number 1580837
Listed by F.O. Bailey Real Estate
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ACT
Price$5,000,000
Est. Mortgage: $/month
ActiveMLS Number 1594964
This 1.46 acre lot, zoned WMU-1/Contract Zoning, offers a rare opportunity to transform downtown Belfast. The potential of this lot cannot be overstated. It is a developer's dream, with the potential to enrich Belfast's future growth. Other large lots may also be available. Taxes to be determined after removal of building.
Listed by Megunticook Real Estate
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PEN
Price$4,500,000
Est. Mortgage: $/month
PendingMLS Number 1597407
Listed by The Dunham Group
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ACT
Price$4,300,000
Est. Mortgage: $/month
ActiveMLS Number 1594334
Approved 80 Unit Condominium Development. Perfectly situated between Brunswick and Freeport; just 3.5 +/- miles to Freeport Village. Discover the charm and excitement of Freeport, Maine. This is a wonderful opportunity to be part of Freeport's thriving community and growth.
Listed by EXP Realty
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PEN
Price$3,410,000
Est. Mortgage: $/month
PendingMLS Number 1553703
This parcel is nearly 4000 acres of wild wooded animal refuge. With over 8 miles of meandering brooks and streams it makes for great habitat for both the land and water native wildlife. The coniferous woods provide cover and feed for harsh winters and the hardwoods and fields skirting the perimeter are great 3 season habitat for the abundant wildlife. Purchase this as your own kingdom parcel or wildlife management area. Continue the rotational harvest of the timber for some steady return on your investment. This is made easy by the well developed 25+ miles of interior road system already in place. With multiple gated points of entry from several of the local public maintained roads. Close to 5,000 feet of road frontage with grid power at the road makes the possibilities for the property endless. The current owners have owned and managed the rotational selective timber harvest on this property for decades. With much of the land prime for harvest again and more in the near future the returns could start immediately. The higher elevations also offer awesome views of the iconic Mount Katahdin. Have this as your own paradise, share with family and friends or cash flow the timber for a scheduled return you decide. The land is currently primarily in Tree Growth and the Forest Management Plan was just recently renewed for another 20 years. Uniquely the property seems so remote yet is just minutes from 3 small service towns in Maine and minutes to I-95, just 1 1/2 hours from Bangor International Airport. Look over the documents and schedule a visit to this beautiful area with an abundance of resources in Maine today. Don't forget to check out the video!
Listed by Realty of Maine
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ACT
Price$3,250,000
Est. Mortgage: $/month
ActiveMLS Number 1576579
Developers take notice! This large lot is in favorable RES-7 zoning and can support multiple dwelling units or several commercial ideas. Ocean views and easy access to Long Sands beach with public sewer and water close by.
This is rare opportunity to own one of the last lots available this close to the ocean in York Beach Maine.
Listed by CENTURY 21 Atlantic Realty
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PEN
Price$3,100,000
Est. Mortgage: $/month
PendingMLS Number 1578972
Listed by Porta & Company
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ACT
Price$3,000,000
Est. Mortgage: $/month
ActiveMLS Number 1551869
We are pleased to present this Prime Development opportunity on 102+/- acre parcel. Located on the heavily travel Route 196 corridor with a daily traffic count of 14,370 in the heart of Lisbon located between Lewiston/Auburn and the Coastal towns of Brunswick/Bath. Mixed-use development featuring Retail, Industrial, & Commercial. Rarely does a parcel of this size come available. This is a tremendous opportunity to create the first industrial/business park to be developed in the area in over 25+ years. This land is located 3.4 miles from I-95 and 17 miles from I-495. The site is level and ready to be developed. LAND PROJECT HIGHLIGHTS: Land area: 102 +/- acres; Zoning: 3-phase power, Municipal water and sewer, Natural gas, Fiber optics.
Listed by Fontaine Family-The Real Estate Leader
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PEN
Price$3,000,000
Est. Mortgage: $/month
PendingMLS Number 1601600
Discover a developer's dream in the heart of Falmouth! This exceptional parcel, located just minutes from town amenities and a short 15-minute drive to downtown Portland, offers a unique blend of open pasture and wooded areas. Approximately 3/4th of the property is field and is quite level. The rear section of the land borders Falmouth Community Park, complete with access to its scenic trail system.
This prime location is well-served with public utilities, including water, sewer, and natural gas available at the street. The parcel's natural beauty is highlighted by a picturesque stream and a waterfall tucked away at the edge of the property.
Rich in history, this land was once part of the historic Huston Family Farm, with roots tracing back to the early 1800s. The current family has lovingly maintained ownership since the 1930s. The time has come to use the property at its ''Highest and Best'' purpose - homes for this generation.
Listed by Keller Williams Realty
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ACT
Price$2,800,000
Est. Mortgage: $/month
ActiveMLS Number 1591890
Here is a once in a lifetime opportunity to own 18.3 acres of absolute dreamy, waterfront property that is private and tucked away from the world. This property is on the Penobscot Bay, and abuts Moose Point State Park. This is a approved 3 lot subdivision or make it back into 1 lot for that private compound.This property is adorned with lovely mature trees, and great walking trail that leads all the way down to your private point with it's own sandy beach. The atmosphere and views are truly spectacular.
Listed by Maine Country and Coast Real Estate
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ACT
Price$2,700,000
Est. Mortgage: $/month
ActiveMLS Number 1589554
Approved Riverfront Project with 244 Units at 100% Market Rate
6+ acres boasting 800 feet of Androscoggin River frontage has received
Full approval for a project that includes 244 units at market rate. This prime location is in proximity to two medical centers, St. Mary's and Central Maine Medical Center, offering over 3,000 healthcare positions, as well as Bates College and the City's Planned Riverfront Revitalization. Situated just minutes from I-95, the project has completed all necessary approvals and pre-development work. Additionally, Tax Increment Financing is available, providing a 63% tax reduction for 20 years. Lewiston, the second largest city in Maine, is experiencing population growth that surpasses the state's average pace.
Building A features 5 stories with 120 residential units and 49 parking spaces on the ground level.
Building B features 4 stories with 124 residential units. There are a total of 246 onsite parking spots, 23 garage bays, plus an additional 50 overflow parking.
Ammenties include: Fitness Center, Wellness studio, Entertainment areas, amd Work from home areas.
All units are 1 bed, 1bed Jr, and some 2 beds (final mix TBD by developer)
Listed by Keller Williams Realty Metropolitan
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