Michael Rogers

Westbrook ME Land Lot for Sale

Rare opportunity to acquire a planning board-approved 1.97 +/- acre pad site with infrastructure in place including curb cut for a 4,250, SF building. Sewer, water and storm water are stubbed to the site along with cross easements in place. Highway Services District permits numerous uses including, drive-thru, restaurant, business, medical and car wash, among others.Inbound Portland side of Rt. 302 with daily traffic count exceeding 16,000.

Waterboro ME Land Lot for Sale

Fully approved phase 2 of the three-phase retail/light industrial/office building Village Plaza condominium complex is available with approved plans for up to 9,999 SF. Complex enjoys on-site septic and public water. Ideal uses include light-industrial, office and retail.

Waterboro ME Land Lot for Sale

Fully approved Phase 3 of the Three-Phase retail/light industrial/office building condominium complex is available for $325,000, with approved plans for up to 9,999 SF with road frontage. Phase 1, comprising 9,984 SF, 75% leased, is separately listed at $1,250,000. Approved Phase 2 (9,999 SF), is listed separately for $175,000, for the rear lot. Complex enjoys on-site septic and public water.

Westbrook ME Land for Sale

95 +/- acres remain (13.9 acres sold for $360,000 on October 1, 2020) of 111-acre Wormell Farm located just across the Presumpscot River from Portland's Riverside Golf Course. Ideal site for a mix of multi-family, duplex and single-family dwelling units in a condominium ownership.Congregate care and nursing home are permitted uses too.Public water and sewer are stubbed off at entrance on Rt. 302. Natural gas line runs though eastern part of the property. Can't get a better location so close to Portland yet retaining country appeal.

Parsonsfield ME Commercial Sale for Sale

145 +/- acre pit has been extracting aggregate for decades. The site would be ideal for a developer seeking a steady supply of sand, rock and gravel for years to come. There is so much potential with this site. The pit (GPID# 27) is in substantial compliance per November 16, 2020, Maine DEP Borrow Pit and Quarry Inspection Report. There are numerous trails enabling access throughout. Substantial road frontage along Cramm Road provides a potential source of revenue with a subdivision plan in this Residential District Zone.Its proximity to the state line should also appeal to New Hampshire developers.Also listed as land.

Auburn ME Commercial Sale for Sale

Opportunity to purchase a 5,888 +/- SF single-story block building on slab with 26 +/- parking spaces in a highly developed neighborhood of Auburn. It's offered well below replacement cost. Over 61,000 people live within five miles with significant daily traffic counts. Site has great visibility, replete with signage on a tall pole, and access from two streets. Its central location, 14' clear height, two overhead doors and onsite parking will appeal to many businesses. Great location for a brewpub! Business relocated. Also available to lease with purchase price option.

Biddeford ME Commercial Sale for Sale

Highest and best uses are medical marijuana retail and marijuana cultivation, manufacturing and testing. All four are conditional uses in this I-1 district zone. The 7,560 SF single-story building has a clear height past 13' in the warehouse. It's layout and conditional uses provide a user a potentially vertically integrated building. With 3.44 +/- acres, there is significant room to expand. This property will not last long on the market.

Windham ME Land Lot for Sale

Rare opportunity to acquire 6.5 +/- acres with 1,500' frontage along Highland Lake. Listing comprises 50 Brentwood Road and part of Frost Lane. Site is improved with a 475 +/- square foot camp which is leased for $200 nightly. Enjoy the lakefront camp or renovate/replace it as permitted. Site enjoys private water and septic. The peninsula is very appealing!

West Bath ME Land Lot for Sale

One 2.67 acre waterfront lot remains on New Meadows Lake after the 2.36 acre waterfront Lot A sold January 10, 2022, at $200,000. It has a great location in proximity to Route 1 exit, West Bath District Court, West Bath Elementary School and just down the street from Downtown Bath.

Waterboro ME Commercial for Sale

Great opportunity to acquire a new business condominium at $158/SF. Unit 102 comprises 2,496 square feet in Phase 1 of the Village Plaza, a new three-tenant retail strip center. It's challenging to find new space with parking included at such a low cost. One could not build it at this price. Optimal owner-users include retail, office and personal services including a small gym, nail and hair salon, among others. The three other units of Phase 1 are occupied, Asian Taste leases 101 and Five Ponds Public House leases 103 & 104. Phase 2 and 3 pad sites are approved, each for up to 9,999 SF buildings, at $175,000 and $325,000, respectively. Light industrial 'flex space' is the highest and best use. Phase 3 is improved with a 3 bedroom ranch.2021 CAM is $2.98/square foot.

Saco ME Land for Sale

Former 20-key Hilltop Motor Inn and office is available to renovate or redevelop into any of the many permitted business uses. The 0.93 acre pad is improved with the 5,805 +/- square foot two-story building and enjoys 203' +/- frontage on Rt. 1 in Saco's expanding business district. Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.Rooms average around 200 square feet. Each room has a bathroom. Highest and best uses are retail, hospitality and medical. Qualifies for Opportunity Zone Federal Investment Program. An interested buyer could acquire additional land behind the improved with two-unit (legal three-unit), three cabins and garage. There is a conceptual plan for development of the abutting land. Additional land is available.

Saco ME Land Lot for Sale

Development opportunity to acquire a corner pad site of the larger 644 Main Street lot at the planned four-way lighted intersection on Rt. 1 in Saco's expanding business district.Highest and best uses are a QSR (quick service retail) or bank. Qualifies for the Opportunity Zone Federal Investment Program. Additional land is available.Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, across the street, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.

Saco ME Land Lot for Sale

Ideal site for an age-restricted (55+) development project with its 1,000 SF density dwelling unit requirement and proximity to retailers, including Hannaford's, Southern Maine Health, Sea Salt restaurant, Camden National Bank, Norway Savings Bank, Aroma Joe's, Gorham Bike & Ski, Starbucks, McDonald's, Wendy's and VIP, et al. At 3.3 +/- acres, it's likely 100+ units are achievable with additional land available to max out capacity.Other permitted uses include medical, industrial, storage and hospitality.New Portland Road District zoning ordinance became effective in April 2021. It improves the development viability for Route 1 and qualifies for the Opportunity Zone Federal Investment Program. Additional land is available.

Saco ME Land Lot for Sale

Opportunity to acquire 16.37+/- acres with high density of 1,000 square feet per residential unit permitted for age-restricted (55+) and disabled use to construct estimated 250 +/- residential units, subject to engineering and approvals. This is the highest and best use. Otherwise, density is 7,000 SF/residential unit. Included in this tract would be the corner pad site created with the new Rt. 1 entrance squared off with Ross Road. Highest and best use for the pad site would be a bank or QSR (quick service retail). Daily vehicle traffic count approaches 20,000, and I195 exit is two blocks south. Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property. Opportunity Zone Federal Investment Program is another benefit. List price is a placeholder as the purchase price will be determined by a metric of the number of approved residential units and value of the retail corner pad site.

Saco ME Commercial for Sale

Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a potential buildable corner lot in front along Rt. 1 and its nearly 20,000 daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district. There is expansion to the right of the building too.The right side of the building has a grandfathered nonconforming medical marijuana grow operation. The tenant has a short term lease with no lease extension options. The left side is rented on a month-to-month basis.Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.Qualifies for the Opportunity Zone Federal Investment Program. Additional land is available. Site is part of a master plan.

Saco ME Land Lot for Sale

Unit #4 is the proposed 130' monopole cellular tower plan that was previously approved, but permit has elapsed. The site will have an easement for access from the master plan complex.It qualifies for the Opportunity Zone Federal Investment Program.

Saco ME Land Lot for Sale

Redevelopment opportunity for 18.65 +/- acres with 340' +/- frontage on Route 1 southbound with daily traffic count approaching 20,000. Its proximity to I195 ramp, 1/4 mile to the south is appealing. Dearth of available land in this section of Route 1, part of Saco's expanding central business district, makes this site even more inviting. Land is improved with a single-story 10,550 SF building and several vacant buildings. Portland Road District residential use density is 7,500 SF, but elderly/disable use density is 1,000 SF, thereby making the site conducive to a high-density residential development project. Two pad sites along Route 1 would be ideal for retail uses. Varied commercial uses are permitted. Pad sites are available.Qualifies for the Opportunity Zone Federal Investment Program. Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank (next door), Norway Savings Bank, Aroma Joe's and the New Gorham Bike & Ski, across the street, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south.

Waterboro ME Land Lot for Sale

Opportunity to purchase proposed 36-unit multi-family and 3-unit commercial project in East Waterboro on 19.4 +/- acres at $15,256/unit. Contract zone agreement was approved last fall. Project requires applicable governmental approvals and permits. It's a great location abutting Southern Maine Health Care hospital and just down the street from Hannaford and several other retailers. There is a dearth of housing in Northern York County.Seller would consider a joint venture with a qualified buyer-developer.

Windham ME Land Lot for Sale

Highest and best use is a single-family home in this large Forest-Residential district zone lot. Wooded site enjoys immense privacy. Subject property benefits from ROW on private Frost Lane that serves only one other residence.Smaller tracts are available: 35 +/- acres are available at $225,000. Also, 17.3 +/- acres are available at $175,000. It is an easy drive to Portland or North Windham's business center. Falmouth town line is 0.5 mile away.

Windham ME Land Lot for Sale

Highest and best use is a single-family home in this large Forest-Residential district zone lot. Wooded site enjoys immense privacy. Subject property benefits from ROW on private Frost Lane that serves only one other residence.Several reports have been completed, including survey, HHE-200 (septic) and wetland delineation. Subject property will comprise 35.0 +/- acres of the 46.0 acre tract. Additional acreage may be available. It is an easy drive to Portland or North Windham's business center. Falmouth town line is 0.5 +/- mile away.

Waterboro ME Commercial for Sale

Ideal 1031 investment opportunity with the fully-leased 9,984 +/- SF Phase 1 building and conditional approvals in place for Phases 2 and 3. It's a yield & value-add play; earn 8.0% stabilized unlevered return with conditionally approved plans. Cost to build Phase 1 and secure conditional approvals for the other buildings and associated land costs today would far exceed its list price.Town of Waterboro is business-friendly and would consider changes to the building dimensions if a buyer is interested. Light industrial (flex space) building would be an ideal use for Phase 2 and 3, among other uses. There is a dearth of such space in the area. Other permitted uses include retail, office and residential. Family Dollar and Ace Hardware are located to the right of the Village Plaza.

Windham ME Home for Sale

Rare opportunity to acquire 6.5 +/- acres improved with 475 +/- SF camp and 1,500' +/- Highland Lake. Listing comprises 50 Brentwood Road and part of Frost Lane. Camp is leased for $200 nightly. Enjoy the lakefront camp or renovate/replace it as permitted. Site enjoys private water and septic. Dock is included. The peninsula is very appealing!

Saco ME Commercial for Sale

Value-add opportunity to purchase this single-story 10,550 +/- square foot building with a buildable corner lot in front along Rt. 1 and its nearly 20,000 daily vehicle traffic count. It's challenging to find a site at a light in Saco's expanding business district. Site is further improved with a three-unit (legal two-unit), garage and cabins.The right side of the building has a medical marijuana grow operation. The tenant has a short term lease with no lease extension options. He's interested in extending his lease. The left side is rented on a month-to-month basis.Nearby businesses include Sea Salt restaurant (next door), Southern Maine Health, Camden National Bank, Norway Savings Bank, Aroma Joe's and Gorham Bike & Ski, among others. Hannaford's, Starbucks, McDonald's, Wendy's and VIP, et al., are just south of the subject property.Qualifies for the Opportunity Zone Federal Investment Program. Additional land is available. Site is part of a master plan.

Rumford ME Commercial for Sale

The 80,375 +/- square foot Rumford Plaza offers a rare combination yield and value add play with an impressive tenant roll including Tractor Supply Company, Dollar Tree, Marden's and Motor Supply Company. Its a yield play with its list price providing an unlevered 8.18% cap rate based on the leasing the newly available 3,400 square feet of retail space @ $7.00/SF NNN. . It's a value play given the rising costs for land, construction and financing to construct an 80,000+ square foot shopping center. It's available @ $41.06/SF, a fraction of its replacement cost. There is no competition in its market area.Lastly, it's a value-add play given there is sufficient land to construct a mixed-use commercial and residential building in the massive 340 +/- space parking lot. The city of Rumford is motivated to work with qualified buyer-developers to streamline approvals for new development. 2021 common area expenses ($1.70/SF), including FY22 real estate taxes of $53,718, are reimbursed by the NNN tenants.

Old Orchard Beach ME Commercial for Sale

Opportunity to purchase a mixed-use two-story building comprising a 2,000 +/- SF restaurant on the first floor and a rooming house on the upper floor with ten bedrooms, three baths, kitchen and porch. Second floor has housed summer workers for many years. The dearth of nearby housing yields pricing power for owner.Abutting 45 East Grand Avenue is also listed for sale at $425,000 and as a package at $995,000.

Old Orchard Beach ME Commercial for Sale

Highest and best use is raze the building and add needed parking for abutting 45 East Grand Avenue or start anew with a residential or commercial project.Abutting 47 East Grand Avenue is listed for sale at $625,000 and as a package at $995,000.

Portland ME Home for Sale

There are lots of potential with this North Deering home with five bedrooms and two full bathrooms in The Pines neighborhood, created in 1937. The quarter lot comprises lots 336, 337 and 1/2 of 335. Each floor has a full bath. Sprinkler system, private rear deck and yard and proximity to downtown Portland are appealing.Lastly, constructing an attached two-car garage and an ADU on the second floor is an option to create a revenue stream to cover construction costs.

Buxton ME Land Lot for Sale

1.8456 acre pad site at Roberts Corner in Buxton is available for sale. The site benefits from an entrance easement from abutting Dollar General and is across the street from Hannaford, Dunkin Donuts and Aubuchon Hardware, et al. The ideal buyer-user would be a retailer desiring a site in proximity to these retailers on a commuter route, Routes 4, 112 and 22 (Portland Road). Site is a portion of the 36 +/- acre lot.

Biddeford ME Home for Sale

It's the first time on the market in nearly 70 years! The half-acre lot is improved with a seven-unit building, three-bay garage and two driveways. With the MSRD2 district requiring a density of 2,000 SF/unit, there is potential to add up to three units for a total of ten.There are five 1BRs, one studio and a three-story unit potentially capable of adding two BRs to yield four BRs. Rents and expenses are projected, not actual. Four units are vacant and two are TAW, as the recently deceased owner's trust decided not to renew leases, thereby allowing the new buyer maximum rent and renovation flexibility. Purchaser will submit timeline plan of correction to CEO for remaining code violations detailed in August 24, 2023, CEO letter. It's a trustee sale to be sold AS-IS, WHERE-IS. Its proximity to Downtown Biddeford and UNE is appealing. Numerous UNE students were tenants over the past twenty years.Open showings this Thursday and Friday, September 14 and 15, from 11:00 AM to 1:00.