Ideal site for an age-restricted (55+) development project with its 1,000 SF density dwelling unit requirement and proximity to retailers, including Hannaford's, Southern Maine Health, Sea Salt restaurant, Camden National Bank, Norway Savings Bank, Aroma Joe's, Gorham Bike & Ski, Starbucks, McDonald's, Wendy's and VIP, et al. At 3.3 +/- acres, it's likely 100+ units are achievable with additional land available to max out capacity.Other permitted uses include medical, industrial, storage and hospitality.New Portland Road District zoning ordinance became effective in April 2021. It improves the development viability for Route 1 and qualifies for the Opportunity Zone Federal Investment Program. Additional land is available.
Listing courtesy of Bean Group.
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