00 Portland Road Rt 1, Arundel, ME, 04043

00 Portland Road Rt 1, Arundel, ME, 04043

As one of the largest undeveloped parcels of vacant land along the Route 1 corridor south of Portland, this 217-acre property offers multiple near and long-term investment opportunities. Approximately 70% of the land is located in Arundel, with the balance in Biddeford. The property has a combined 950± of frontage on Route 1, with 2 points of entry and is only 2.5 miles from the Maine Turnpike. Public water is available along Route 1. The land is located in the Business Industrial/Gateway/General Industrial zones with numerous permitted and conditional uses including manufacturing, medical facilities, lodging, planned mix use development, recreational facilities, and age-restricted residential development. In addition to the broad array of commercial activities, the property also has strong mitigation opportunities, with approximately 80 acres of wetlands (40% of the land) as identified in a recent Natural Resources Reconnaissance Report. The land abuts southern Maine's premier multiple use Eastern Trail, providing excellent recreational opportunities. Collectively, the attributes of this land, coupled with its prime location, offer excellent investment and collaboration options.


Status:

Active

Type:

Lot / Acreage

Zoning:

GW/BI/GI

Frontage:

950

Parking:

No Driveway, None

Acreage:

217

Est. Taxes:

$3,636

Lot Description:

Wooded, Near Turnpike/Interstate

MLS #:

1612045


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Listing courtesy of LANDVEST, INC.