"PRICE REDUCTION" ON Redevelopment Site in Waterville

Vacant Land for Sale
Catylist Listing ID: 28575451
Property Subtypes: Hospitality, Industrial, Multi-Family, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 20 Acres
Sale Price: $195,000
Unit Price: $9,750 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2018

Overview / Comments

20± Acres
15,000 SF Building
Located across from Huhtamaki
Commercial C - CC District Zone

Potential uses include:
auto sales and service, retail, eating establishments, indoor recreational facilities, apartments

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 999999
Zoning: COMMERCIAL C - CC DISTRICT
Road Type: Paved
Property Visibility: Excellent
Traffic/Vehicle Count: 10,000
Transportation: Bus, Highway, Airport, Taxi
Highway Access: I-95
Airports: Bangor International Jetport and Portland International Jetport
Site Description: Huhtamaki, founded in Finland, has its United States operations based out of Kansas and is best known for its production of Chinet tableware as well as diverse consumer goods packaging. The 15,000 square foot building on the site has not been occupied in several years and its condition should be carefully evaluated by a building inspector. Vandals removed some copper at last report. The property is subject to a 20’ wide easement in favor of the Kennebec Sanitary Treatment District. A sliver of this parcel is within the boundaries of the Town of Fairfield. See the survey for this and other possible municipal easements.
Area Description: The subject parcel is located on College Avenue in Waterville directly across from the Huhtamaki Complex, formerly Keyes Fiber. It consists of 20 acres. The site is visible coming in both directions and is located in a low speed zone. College Avenue leaves the city on the north side and is a major artery leading to Fairfield, Skowhegan, Benton, Clinton and Burnham as well as towns beyond.
Lot Frontage: 999999
Zoning Description: Commercial C- CC District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,036 25,835 31,489
Median Age: 38.8 40.23 40.73
Households: 4,542 10,727 13,044
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.