Riverfront Property Development-Up to 69 Unit 7 Northern Ave Lot | Terrain commercial | 1,38 ha | À vendre | 410 874 € | Auburn, ME 04210

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

  • Stunning Riverfront Parcel Boasting Expansive Views of the Androscoggin River
  • Less than a mile to the Auburn Transportation Center
  • 10 Minute Stroll to Downtown
  • Walking Distance to the Boat Launch
  • Corner Lot with 4 Curb Cuts and Water/Sewer Access from all 3 Adjacent Streets
  • Wetland Delination has been Completed

RÉSUMÉ ANALYTIQUE

Exceptional Opportunity for Riverfront Development of Up to 69 Residential Units at Market Rate

Discover a remarkable chance to develop up to 69 residential units on this stunning riverfront property, boasting expansive views of the Androscoggin River. Walking distance to the North River Road Boat Launch and less than a mile to the Auburn Tranportation Center providing Bus service from Portland to Boston. Situated in a desirable general business district zoning, this location benefits from water and sewer access at the street. A wetland delineation has been completed, and it’s just a 10-minute stroll to downtown.
Property Details
*This corner lot allows for 17 units per acre with
an additional 20% density bonus.
*The property presents immense potential,
including:
- Two beautiful, four-story multi-unit
buildings
- Breathtaking sunrise views over the river
- Rooftop deck
- Ample garden and recreation space
- A mix of studio, one-bedroom, and two-
bedroom units
- Balconies and parking surrounding the
buildings
With its corner lot location, each building can feature two curb cuts, providing access from three different streets. Water and sewer are available on all three adjacent streets. The seller has received encouraging feedback from the town regarding the preliminary plan. We are selling just the land. 3.4 Acres will be subdivided off the mother lot. No riparian water rights.

INFORMATIONS SUR L’IMMEUBLE

Prix 410 874 €
Type de vente Investissement ou propriétaire occupant
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Commercial
  • Lots d’appartement
  • Appartements en copropriété
Surface totale du lot 1,38 ha
Zonage General Business District

1 LOT DISPONIBLE

Lot

Prix 410 874 €
Prix par ha 298 614,93 €
Surface du lot 1,38 ha

Corner lot with sewer and water access on all 3 adjacent streets. Total of 4 curb cuts. Walking distance to the North River Rd Boat Launch and less than a mile to the Auburn Tranportation Center providing Bus service from Portland / Boston.

DESCRIPTION

Exceptional Opportunity for Riverfront Development of Up to 69 Residential Units at Market Rate Discover a remarkable chance to develop up to 69 residential units on this stunning riverfront property, boasting expansive views of the Androscoggin River. Walking distance to the North River Road Boat Launch and less than a mile to the Auburn Tranportation Center providing Bus service from Portland to Boston. Situated in a desirable general business district zoning, this location benefits from water and sewer access at the street. A wetland delineation has been completed, and it’s just a 10-minute stroll to downtown. Property Details: *This corner lot allows for 17 units per acre with an additional 20% density bonus. *The property presents immense potential, including: - Two beautiful, four-story multi-unit buildings - Breathtaking sunrise views over the river - Rooftop deck - Ample garden and recreation space - A mix of studio, one-bedroom, and two- bedroom units - Balconies and parking surrounding the buildings With its corner lot location, each building can feature two curb cuts, providing access from three different streets. Water and sewer are available on all three adjacent streets. The seller has received encouraging feedback from the town regarding the preliminary plan. We are selling just the land. 3.4 Acres will be subdivided off the mother lot. No riparian water rights.

  • ID de l’annonce: 35890520

  • Date de mise sur le marché: 16/05/2025

  • Dernière mise à jour:

  • Adresse: 7 Northern Ave, Auburn, ME 04210