Exceptional 18.5-acre commercial development opportunity in one of the Greater Bangor region's most active growth corridors. Located on highly traveled Stillwater Avenue in Orono with outstanding visibility and convenient access to Interstate 95 - just 500 ft away-,this Commercial Industrial (CI) zoned property offers tremendous flexibility for a wide range of commercial, industrial, retail, office, mixed-use, or investment projects. Over $75,000 has already been invested in site clearing, providing a significant head start for future development. Preliminary traffic and drainage reviews have been undertaken, helping buyers better evaluate development potential. The property features excellent road frontage, strong traffic exposure, and a strategic location near expanding commercial businesses, educational institutions, and regional employment centers. The Town of Orono has demonstrated openness to considering broader development opportunities, including potential rezoning discussions if required for a proposed use. Whether you are seeking a location for a business expansion, commercial development project, industrial facility, storage operation, or long-term investment, this property offers exceptional potential and flexibility.The seller will also consider leasing opportunities. Rarely does a parcel of this size, visibility, and accessibility become available in such a desirable location. Bring your vision and capitalize on the continued growth of the Orono market. Consists of 2 parcels - option to purchase either or all. See MLS# 1667453 for 7 acres-$175000 and MLS#1667312 for all 28.5 acres $600000
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Zillow last checked:
Listing updated:
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Realty of Maine
Source: Maine Listings,MLS#: 1667458
Facts & features
Property
Parking
Parking features: Gravel, On Site
Lot
Size: 18.5 Acres
Features: Business District, Near Shopping, Near Turnpike/Interstate, Rural, Level, Open Lot
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