Listing Provided by:
Oberg Insurance & Real Estate Agency, Inc.
Phone: 207-647-5551
Prime mixed-use development opportunity in Bridgton featuring approximately 455 feet of valuable Route 302 road frontage and strong potential for both commercial and residential use. Conceptual subdivision ideas suggest the possibility of a front commercial lot with a private residential homesite behind, as well as an additional secluded homesite on a separate parcel accessed by a long driveway for exceptional privacy. The property features a unique blend of road exposure, wooded acreage, and natural surroundings, making it attractive for investors, developers, live/work concepts, or those seeking a business location with a residence nearby. Four soil tests have reportedly been completed on site with successful results, supporting future development potential. The property contains manageable wetlands and vernal pool setback areas that appear to still allow for practical use and development of the land with appropriate permitting and planning. Multiple potential building envelopes appear feasible based on preliminary concepts. Buyers are encouraged to perform their own due diligence regarding subdivision approvals, zoning, wetlands/vernal pool regulations, septic suitability, access, and intended uses. A rare opportunity to secure a large mixed-use parcel with development upside in a growing Lakes Region corridor.The seller has spoken with the Maine DEP regarding the Significant Vernal Pool habitat area. The DEP indicated that development within the outer 100-250 foot habitat buffer may be eligible for Permit by Rule review when impacts remain below 25% of the regulated habitat area, subject to DEP requirements and site-specific conditions. Buyers are encouraged to contact the Maine DEP directly to confirm permitting requirements for their specific plans.
Listed By
Broker Name: Oberg Insurance & Real Estate Agency, Inc.
Broker Phone: 207-647-5551
Shown By
Broker Title: Badger Peabody & Smith Realty
Broker Phone: (603) 823-5700 (Corporate Office)
Estimated Payment
$ 1,149.11 per month $1,028.95 Principal & Interest $58.92 Property Tax $61.25 Homeowner's InsuranceSource: Delta Media Group, Inc.
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0 N High Street, Bridgton, ME 04009.
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