Southern Maine Opportunity Zone Development
Project Category: Substantial Improvement Property
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Summary
Residential or office development land For Sale
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Details
Project Qualification: Substantial Improvement PropertyReal Estate:- Residential
- Office
Total Capital Required: $2,000,000Equity Required: $300,000Project Control: We don’t have anything in placeTimeline: 90-180 daysAddress: 201 North St Saco Maine 04072 United StatesFile: R2-zone.pdf -
Map
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Project Narrative
Project Narrative:Fantastic Development Potential in an designated Opportunity Zone consisting of a 40,000 sqft cleared level lot with Public water and sewer at the Street to be split from a larger parcel (3.22 acres). The property is currently under a contract zone for auto related uses with the underlying zone of R2 residential with a minimum of 5000 sqft per unit for a Multi Unit Development (8 units at 40,000sqft). The total property of 4.8 acres (3 lots) can be purchased, speak with the broker.