About this home
The best commercial development parcel left in the town of Bridgton. This site has 15 acres of land, town sewer, town water and sits on the intersection of Rt. 302 & Sandy Creek Rd. Zoned for 100+ apartment units, plus multiple pad sites being left for development. Perfect for a large commercial development or subdivision. Future traffic light at the intersection of Rt. 302 and Sandy Creek is being discussed between the Town of Bridgton and DOT. Seller has multiple entrance permits from DOT. The property includes 4 separate parcels and has road frontage on 3 separate roads (Portland Rd (Rt. 302), Sandy Creek Rd, & Home Run Rd.). The possibilities are endless.
Listing last checked: Listing updated:
Listed by Listing Agent · Oberg Insurance & Real Estate Agency, Inc. · MLS #1578320
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 15 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Inner & Outer Corr
Financial2 property facts
- Annual taxes
- $3,797
- Assessment year
- 2022
Location
Estimated monthly cost
Explore costs at the $3,250,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$16,750 / monthAdjust
- Principal & interest
- $16,434
- Property tax
- $316
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,797. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 323 Portland Road
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Request a tour of 323 Portland Road and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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