Investors and developers take notice! Exceptional opportunity to acquire an 8-unit multifamily/condominium project currently progressing through the municipal approval process, with approvals anticipated by August 2026. The development features eight thoughtfully designed 3-bedroom, 2.5-bath townhomes with attached garages, open-concept living areas, and spacious primary suites with private baths. With strong appeal as either for-sale condominium units or long-term rentals, this project offers outstanding flexibility and income potential. Public water and sewer are available, and the private yet convenient location provides easy access to local amenities, employment centers, and transportation routes. Position yourself for success with this turnkey development opportunity.
| MLS # | 1668393 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 66 |
| Listing Provided By | Signature Homes Real Estate Group, LLC | Jeffrey Walker |
| Zoning | Highway Services |
|---|---|
| Acreage | 0.81 |
| Golf Course | Yes |
| Lot Features | Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Wooded |
|---|---|
| Waterfront Features | Nearby |
| Parking Features | No Driveway, None |
|---|
| Sewer | Public Sewer |
|---|---|
| Electric | Unknown |
| Tax Annual Amount | 1146 |
|---|---|
| Tax Book Number | 40079 |
| Tax Year | 2023 |
| Tax Lot | 003 |
| Tax Map Number | 058 |
| State | ME |
|---|---|
| County | Cumberland |
| City | Westbrook |
| Zip Code | 04092 |
| Area | Cumberland |
| Listing VS Median (in 04092) | |
Price: $499,000 low | high Med: $577,000 On site: 66 low | high Med: 133.5 | |
| State | ME |
|---|---|
| County | Cumberland |
| City | Westbrook |
| Zip Code | 04092 |
| Area | Cumberland |
| Listing VS Median (in 04092) | |
Price: $499,000 low | high Med: $577,000 On site: 66 low | high Med: 133.5 | |