Lot# B Stillwater Avenue,Orono, ME 04473
Orono, ME 04473
Description
Exceptional 18.5-acre commercial development opportunity in one of the Greater Bangor region's most active growth corridors. Located on highly traveled Stillwater Avenue in Orono with outstanding visibility and convenient access to Interstate 95 - just 500 ft away-,this Commercial Industrial (CI) zoned property offers tremendous flexibility for a wide range of commercial, industrial, retail, office, mixed-use, or investment projects. Over $75,000 has already been invested in site clearing, providing a significant head start for future development. Preliminary traffic and drainage reviews have been undertaken, helping buyers better evaluate development potential. The property features excellent road frontage, strong traffic exposure, and a strategic location near expanding commercial businesses, educational institutions, and regional employment centers. The Town of Orono has demonstrated openness to considering broader development opportunities, including potential rezoning discussions if required for a proposed use. Whether you are seeking a location for a business expansion, commercial development project, industrial facility, storage operation, or long-term investment, this property offers exceptional potential and flexibility.The seller will also consider leasing opportunities. Rarely does a parcel of this size, visibility, and accessibility become available in such a desirable location. Bring your vision and capitalize on the continued growth of the Orono market. Consists of 2 parcels - option to purchase either or all. See MLS# 1667453 for 7 acres-$175000 and MLS#1667312 for all 28.5 acres $600000
Details
| MLS # | 1667458 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 72 |
| Listing Provided By | Realty of Maine | Renee Hudgens |
Features
| Zoning | C-1 commercial |
|---|---|
| Acreage | 18.50 |
Exterior
| Lot Features | Business District, Near Shopping, Near Turnpike/Interstate, Rural, Level, Open Lot |
|---|
Parking
| Parking Features | Gravel, On Site |
|---|
Utilities
| Sewer | None |
|---|---|
| Electric | No Electric |
Taxes
| Tax Annual Amount | 2899 |
|---|---|
| Tax Book Number | 17299 |
| Tax Year | 2026 |
| Tax Lot | 23 |
| Tax Map Number | 10 |
Area Information
| State | ME |
|---|---|
| County | Penobscot |
| City | Orono |
| Zip Code | 04473 |
| Area | Penobscot |
| Listing VS Median (in 04473) | |
Price: $475,000 low | high Med: $331,500 On site: 72 low | high Med: 66.5 | |
Market Activity 04473
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Learn More About This Property
| State | ME |
|---|---|
| County | Penobscot |
| City | Orono |
| Zip Code | 04473 |
| Area | Penobscot |
| Listing VS Median (in 04473) | |
Price: $475,000 low | high Med: $331,500 On site: 72 low | high Med: 66.5 | |
