For Sale
$300,000

376 Us-1Freeport, ME 04032

1.2 Acres, Prime Route 1 Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.2-acre commercial development site is strategically located on US Route 1 in Freeport, Maine, offering unparalleled visibility and accessibility. The property, identified by APN 26/45/1, is zoned C1-Commercial, providing a wide range of development possibilities. Situated just two miles south of Freeport's vibrant downtown area, known for its renowned L.L. Bean flagship store and numerous outlet shops, this location benefits from the high traffic volume of over 32,000 vehicles daily on Route 1 and its proximity to I-295. Freeport's thriving tourism industry attracts over 3.5 million visitors annually, creating a robust market for commercial ventures. The surrounding area boasts a diverse mix of established businesses, including Royal River Heat Pumps, Casco Bay Carwash, Maine Beer Company, Goodfire Brewing, Autowerkes Maine, and a Holiday Inn Express & Suites, among others. This prime location presents a unique opportunity for developers seeking high visibility and access to a large consumer base in a rapidly growing area. The asking price for this exceptional development opportunity is $300,000. This parcel presents a rare chance to capitalize on Freeport's economic strength and high tourist traffic. Don't miss this chance to secure a prominent location in a thriving Maine community.

Property Details for 376 Us-1

Property type
Land
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Freeport
County
Cumberland
State
Maine
Latitude
43.83162314
Longitude
-70.13079
376 Us-1, Freeport, Maine

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376 Us-1
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