Prime Commercial Development Land
For Sale
$3,250,000
323 Portland Road, Bridgton, ME 04009
LAND - Bridgton, ME
Property SizeContact for details
Lot Size15.00 Acres
Days on Market165
Property Features for 323 Portland Road
General Information
Property type
Land
Property subtype
Other
Zoning
Inner & Outer Corr
Parking features
None
Lot features
Open, Corner Lot, Level, Wooded, Industrial Park, Intown, Near Shopping, Near Town, Office Park, Retail Strip
Standard status
Active
Lot size
15.00 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
3797
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Oberg Insurance & Real Estate Agency, Inc.
(207) 647-5551
Listed By:
James Oberg
(207) 647-5551
Added: Mar 13
Changed: Jul 28
Last Checked: Aug 24 at 12:06AM
MLS# 1578320
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 15-acre commercial development parcel is located in the town of Bridgton, situated at the intersection of Rt. 302 and Sandy Creek Rd. The site is zoned for over 100 apartment units, with additional pad sites available for development. Town sewer and water services are available. The property is suitable for a large commercial development or subdivision. The property comprises four separate parcels and features road frontage on Portland Rd (Rt. 302), Sandy Creek Rd, and Home Run Rd. Multiple entrance permits from the DOT are in place. A future traffic light at the intersection of Rt. 302 and Sandy Creek is under discussion between the Town of Bridgton and DOT. The zoning allows for apartment buildings, multifamily properties, and residential income properties.
Key Highlights
- Zoned for 100+ apartment units with additional pad sites for further development.
- Includes 15 acres of land with town sewer and water.
- Located at the intersection of Rt. 302 & Sandy Creek Rd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 04009, ME
5,298
Population
4,580
Households
1.2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
56.5 sq mi
ZIP Area
94
Density / Sq Mi
$86,386
Median Household Income
$48,737
Median Earnings
$1,196
Median Rent
$286,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 15-acre commercial development parcel with town utilities and multiple access points.
Where is this commercial land located?
The property is located at 323 Portland Road Bridgton, ME.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Zoned for 100+ apartment units with additional pad sites for further development.; Includes 15 acres of land with town sewer and water.; Located at the intersection of Rt. 302 & Sandy Creek Rd.
