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.
MLS# | 1570576 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 384 |
Listing Provided By | Sprague & Curtis Real Estate | James Pepin |
Zoning | Commercial |
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Acreage | 17.88 |
Property View | Scenic |
State | ME |
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County | Kennebec |
City | Augusta |
Zip Code | 04330 |
Listing VS Median (in 04330) | |
Price: $725,000 low | high Med: $325,000 On Site: 384 low | high Med: 40 |