00 Portland Road Rt 1

Arundel

$2,700,000
ActiveMLS# 1612045
  • Land
  • 217 AC

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.

  • County York
  • City Arundel
  • Lot Size 217 acres
  • Zone GW/BI/GI
  • Location Business District, Near Turnpike/Interstate
  • Seasonal No
  • Water Frontage No
  • Full Tax Amount $3,636.00
  • Tax Year 24
  • Monthly Association Fee $0.00
  • Gas No Gas
  • Electric No Electric
  • Water Public
  • Waste Water Disposal Private Sewer
  • Driveway No Driveway
  • Parking No Parking
  • Roads Paved, Public
LandVest, Inc.

Jim Drum

President and General Manager