Southern Maine Opportunity Zone Development

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Project Category: Substantial Improvement Property

  • Summary

    Residential or office development land For Sale

  • Details
    Project Qualification: Substantial Improvement Property
    Real Estate:
    • Residential
    • Office
    Total Capital Required: $2,000,000
    Equity Required: $300,000
    Project Control: We don’t have anything in place
    Timeline: 90-180 days
     Address: 201 North St Saco Maine 04072 United States
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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.