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Bean Group
Offered at $149,000Active
beds
—
baths
0
sq ft
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Built
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16 Godfrey Drive

Orono, ME 04473

About this home

Prime commercial development opportunity in the highly desirable Godfrey Drive business corridor in Orono. This vacant lot offers outstanding potential for office, industrial, flex-space, research, technology, or service-oriented development in one of the Greater Bangor region's most established commercial hubs. Strategically located just minutes from the University of Maine, Interstate 95, and downtown Bangor, the property provides excellent accessibility for employees, clients, and logistics alike. Surrounded by a strong mix of professional office users, light industrial businesses, research facilities, and expanding commercial development, this location is well-positioned for investors, owner-users, or developers seeking long-term growth in a thriving market. Utilities and infrastructure are readily accessible in the area, making this an attractive site for a wide range of commercial applications. Rare opportunity to secure a well-located commercial parcel in one of Orono's premier business and industrial corridors. Orono serves as a major employment center within the Bangor metropolitan area, hosting more than 6,300 jobs and benefiting from the economic influence of the University of Maine, one of the state's leading research institutions and employers. The area offers a highly educated workforce, with more than 54% of adults holding at least a four-year degree, creating strong demand and support for professional office, technology, engineering, research, and innovation-driven businesses. The Bangor-Orono market continues to see growth across professional services, healthcare, advanced manufacturing, life sciences, and technology sectors, making this an exceptional opportunity for investors, developers, or owner-users seeking long-term upside in a strategically located commercial corridor. Rare opportunity to secure a premier development parcel in one of Eastern Maine's most active commercial and industrial growth areas.

Listing last checked: Listing updated:

Listed by Listing Agent · Keller Williams Realty · MLS #1661678

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Details at a glance

Building1 property facts
Style
Other
Land & utilities4 property facts
Lot size
3.55 acres
Water
Public
Sewer
Unknown
Zoning
Commercial
Financial2 property facts
Annual taxes
$2,328
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $149,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$947 / monthAdjust
Principal & interest
$753
Property tax
$194
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,328. 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 16 Godfrey Drive

Can I request a private showing?

Request a tour of 16 Godfrey Drive and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.