Commercial Development Land with Multiple
For Sale
$3,250,000
323 Portland Road, Bridgton, ME 04009
Zoned for 100+ apartment units with town sewer and water at a key intersection with frontage on three roads.
Property SizeContact for details
Lot Size15.00 Acres
Days on Market329
Property Features for 323 Portland Road
General Information
Standard status
Active
Lot size
15.00 Acres
Property subtype
Land
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
100
Listing Agency:
Oberg Insurance & Real Estate Agency,Inc.
Listed By:
James Oberg
(603) 433-3350
Source:
Greatislandrealty
Added: Sep 18, 2025
Changed: Aug 8
Last Checked: Jul 14 at 10:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oberg Insurance & Real Estate Agency,Inc.
Investment Insights
Based on property information with market context.
This commercial development parcel offers flexibility with four separate parcels and road frontage on three roads. The site is equipped with town sewer and town water and is zoned for 100+ apartment units, with multiple pad sites also available for development. The property is well-suited for a larger commercial development or subdivision concept.
Located in Bridgton, Maine, at the intersection of Route 302 and Sandy Creek Rd (with additional frontage on Home Run Rd), the site benefits from multiple approaches and access points. A future traffic light at the intersection is being discussed between the Town of Bridgton and DOT, and the seller has multiple entrance permits from DOT.
Given the configuration across multiple parcels and frontages, the property can support phased planning and site redesign within the provided zoning framework.
Located in Bridgton, Maine, at the intersection of Route 302 and Sandy Creek Rd (with additional frontage on Home Run Rd), the site benefits from multiple approaches and access points. A future traffic light at the intersection is being discussed between the Town of Bridgton and DOT, and the seller has multiple entrance permits from DOT.
Given the configuration across multiple parcels and frontages, the property can support phased planning and site redesign within the provided zoning framework.
Key Highlights
- 15‑acre commercial development parcel in Bridgton at the intersection of Rt. 302 and Sandy Creek Rd.
- Zoned for 100+ apartment units, with multiple additional pad sites for development.
- Town sewer and town water available for the property.
Property Analytics
Property Profile
Current Use
Lease Details
100
Residential units
Yes
Paved road access
Yes
Utilities to site
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 - Zoned for 100+ apartment units with town sewer and water at a key intersection with frontage on three roads.
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: 15‑acre commercial development parcel in Bridgton at the intersection of Rt. 302 and Sandy Creek Rd.; Zoned for 100+ apartment units, with multiple additional pad sites for development.; Town sewer and town water available for the property.
