$695,000

Excellent development opportunity - approved for up to 400 apartment units or condos along with single-family homes!!! Civic Center Drive location, 17.88 acres, over 500 feet of road frontage, surveyed with site plans. near Interstate 95, Maine General Hospital, the VA Home, Marketplace Mall, Augusta Civic Center, etc. A great location for housing, etc., city water and sewer at street, wonderful development parcel with very nice scenic and pleasant westerly views. A rare find - a large development site along with a great location - there is a big need for more housing! Condominiums and single family homes are also a good possibility. Create your own residential neighborhood with a portfolio of various style homes, etc. Could also possibly be a residential subdivision with up to 55 house lots. Check with city for number of lots allowed. May be a good candidate for affordable housing with Maine State Housing program. Call for more details. A great investment opportunity! Could be a combination of single-family homes, condominiums, and apartment buildings which would be a very nice mixed-use development. Other commercial uses are allowable also. (Retail, offices, etc. Check with city.) Lots of good possibilities!! Call Jim Pepin at Sprague and Curtis Real Estate.