Development Opportunity / For Sale

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30425552
Property Subtypes: Multi-Family, Residential (Single Family), Other
Status: Pending
Gross Land Area: 9.07 Acres
Sale Price: $1,200,000
Unit Price: $132,304 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

SEE BROKER FOR PRICING

9+/- ACRE NEW COMMERCIAL/RESIDENTIAL DEVELOPMENT Great Visibility - Access from Route 302 and Routes 35/115

New development is part of the North Windham 21st Century Downtown Master Plan

Residential campus concepts for Townhouses and/or Apartments are available

Concept #1 consists of 54 residential townhouse units (32-BR and 22 3-BR)

Concept #2 consists of 128 residential apartment units (76 2-BR and 52 1-BR)

North Windham’s Newest Planned Development

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 070001A 000
Zoning: C-1 COMMERCIAL
Property Visibility: Excellent
Feet of Frontage: 585
Airports: Portland International Jetport
Site Description: Proposed development has options for residential and/or commercial use.
Lot Frontage: 585
Zoning Description: C-1 Commercial
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 576 13,278 18,997
Median Age: 44.41 38.86 39.12
Households: 271 4,974 7,231
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.