7 Northern Ave
Auburn, ME · Androscoggin County County
Land with 3.4 acres in Auburn, ME, available for sale.
Property overview
- Acreage
- 3.40 acres
- Availability
- For sale
- Price
- $483,000
- Pricing · Price per acre
- 142058.82 USD
- Pricing · Price per square foot
- 3.26 USD
- Contact · Broker
- Douglas Martin at Kw Commercial, Nh
- Contact · Broker organization
- Kw Commercial, Nh
- Zoning · General zoning
- commercial
- Zoning · Inside city limits
- Yes
- Zoning · Municipality
- Auburn
- Transportation · Rail access
- on_site
- Transportation · Nearest rail owner
- Csx Transportation
- Transportation · Nearest rail line
- Waterville Subdivision
- Transportation · Distance to rail
- 0.520 miles
- Transportation · Nearest highway
- US 1
- Transportation · Distance to highway
- 18.280 miles
- Transportation · Nearest interstate
- I 95
- Transportation · Distance to interstate
- 2.990 miles
- Utilities · Electricity available
- Yes
- Utilities · Electric provider
- Central Maine Power Co (ME)
- Utilities · Distance to power line
- 0.510 miles
- Utilities · Distance to substation
- 0.630 miles
- Utilities · Water available
- Yes
- Utilities · Water service
- municipal
- Utilities · Water provider
- Auburn Water District (Auburn, ME)
- Utilities · Distance to water service
- 0.000 feet
- Utilities · Wastewater available
- Yes
- Utilities · Wastewater service
- municipal
- Utilities · Wastewater provider
- Lewiston-Auburn W W T P
- Utilities · Distance to wastewater service
- 0.000 feet
- Utilities · Distance to wastewater service
- 0.000 miles
- Utilities · Telecommunications available
- Yes
- Utilities · Fiber service
- available
- Environmental · Flood zone
- AE
- Environmental · Inside 100-year floodplain
- Yes
- Environmental · Inside 500-year floodplain
- Yes
- Environmental · Wetlands
- yes
Seller Financing Available with Favorable Terms
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 Transportation 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.