Listing Agency: Magnusson Balfour Commercial

Listed By: Michael Atienza · License #ME BA918689

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:59PM

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Investment Insights

Based on property information with market context.

This waterfront land offering includes 274 feet of waterfrontage and existing materials for a potential wharf development, including permitting, pier plans, and pre-existing pier and building drawings. The property also contains a 3-bedroom, 2-bath house measuring approximately 1,500 SF and a cottage of approximately 908 SF. Both structures include outdoor features, including private decks, porches, and sunrooms. A recreational floating dock with an aluminum ramp is also present. The house sits 45 feet from high water, while the cottage is 6 feet from the high-water line; possible rehabilitation may be necessary.

Located at 6 Ocean Ave in Georgetown, the property faces westerly toward the ocean at the mouth of the Kennebec. The site is across from Fort Popham and Popham Beach, with views toward BIW battleship exposure and Spinney’s Restaurant.

Key Highlights

• 274 feet of waterfrontage
• Existing permitting, pier plans, and pre‑existing pier and building drawings
• 3‑bedroom, 2‑bath house measuring approximately 1,500+/- SF

Property Analytics

Property Profile

Current Use

Waterfront Land

Suggested Use

Top Pick Restaurant Travel Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

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Demographics for 04548, ME

1,058

Population

973

Households

1.1

Avg Household Size

57

Median Age

39%

College-Educated

92%

High-School Grad

18.6 sq mi

ZIP Area

57

Density / Sq Mi

$82,986

Median Household Income

$33,618

Median Earnings

$1,213

Median Rent

$417,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Waterfront Land - Oceanfront land includes existing permitting, pier plans, and drawings for a potential wharf and building project.

Where is this waterfront land located?

The property is located at 6 Ocean Ave Georgetown, ME.

What are key features of this property?

This property features: 274 feet of waterfrontage; Existing permitting, pier plans, and pre‑existing pier and building drawings; 3‑bedroom, 2‑bath house measuring approximately 1,500+/- SF