For Sale
$1,787,100

832 College StLewiston, ME 04240

34+ acres, 272 apartments or 68 homes

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 34+ acre property presents a remarkable development opportunity in Lewiston, Maine. Strategically located less than 2.5 miles from Bates College, this offering comprises two parcels. The first, 832 College Street, boasts over 200 feet of road frontage on College Street, encompassing 7 acres and including a 3-bedroom, 2-bathroom, 1600+ square foot home with an updated kitchen and garage. The second parcel, located at 816 College Street Rear, consists of over 27 acres of undeveloped land, providing significant expansion potential. Conveniently situated near major retailers like Walmart, Home Depot, and Hobby Lobby, as well as the Auburn Mall, this location offers easy access to amenities. The property benefits from dual access points, with recent city approval granting access from Rejane Avenue in addition to College Street. Zoned MDR (Medium Density Residential), the land allows for development of up to eight units per acre for multifamily housing or up to two units per acre for single-family homes, including mobile homes. This presents a unique chance to create a substantial residential development within a thriving community, less than an hour from the Portland International Jetport and Sebago Lake, and approximately 2.5 hours from Boston. The asking price for this expansive property is $1,787,100. The APN is LEWI-000113-000000-000007.

Highlights

  • $1,787,100 asking price.
  • 34+ acre lot with MDR zoning in Lewiston, Maine.
  • Development opportunity: 272 apartment units or 68 single-family homes.
  • Two parcels included: one 7-acre parcel with existing 3-bedroom, 2-bathroom home; one 27+ acre undeveloped parcel.
  • Excellent location near Bates College, Auburn Mall, and major retailers.

Property Details for 832 College St

Property type
Retirement homes, Land
Lot Size (sq. ft)
1,481,040 SF

Location Insight

City
Lewiston
County
Androscoggin
State
Maine
Latitude
44.136836
Longitude
-70.1788317
832 College St, Lewiston, Maine

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832 College St
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