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Litchfield Commercial Land Opportunity

Academy Road, Litchfield, ME 04350

For Sale
$350,000

Commercial Sale, Litchfield, ME

Property SizeContact for details
Lot Size27.06 Acres
Days on Market153

Property Features for Academy Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Rural
Parking features None
Lot features Other Location, Near Turnpike/ Interstate, Business District, Rural
Standard status Active
Lot size 27.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1225

Utilities

Sewer type Septic Needed
Heating system None (Heating)
Water source Well Needed
Water front features Lake
Water front 1
Listing Agency: Hoang Realty
Listed By: Tammy Densmore
Added: Jun 11 Changed: Oct 8 Last Checked: Nov 10 at 8:06PM
MLS# 1630196

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.

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Investment Insights

Based on property information with market context.

Three surveyed lots totaling 27 acres are available in Litchfield's growing Residential-Village District. This area is specifically zoned to support higher-density residential development while preserving the town's traditional character. Limited service, retail, and municipal uses are also permitted, making it ideal for a flexible live-work setup or community-focused development. Strategically located on Academy Road, this parcel offers convenience, being minutes from local grocery stores, restaurants, and a gas station. It is also close to schools, the town office, and a transfer station, and near a hardware store and an 18-hole golf course. Residents can enjoy boating and fishing on nearby Tacoma Lakes and Pleasant Pond. Quick access to I-295 is available via Exit 43. This location presents a chance to invest in a well-situated, development-friendly location suitable for a new home, a small business, or a mixed-use project.

Key Highlights

  • 27 acres in Litchfield's Residential‑Village District, zoned for higher‑density residential development and mixed‑use possibilities.
  • Strategically located on Academy Road, offering unmatched convenience to local amenities.
  • Close proximity to I‑295 (Exit 43) for quick and easy access.

Property Analytics

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Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 04350, ME

3,586
Population
1,993
Households
1.8
Avg Household Size
47
Median Age
24%
College-Educated
92%
High-School Grad
37.4 sq mi
ZIP Area
96
Density / Sq Mi
$75,329
Median Household Income
$43,409
Median Earnings
$1,088
Median Rent
$236,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in Kennebec County, ME

$192 Jul
$419 Aug
$354 Sep
$328 Oct

Properties on Market for Commercial land in Kennebec County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - 27 acres in Litchfield's Residential-Village District.
Where is this commercial land located?
The property is located at Academy Road Litchfield, ME.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 27 acres in Litchfield's Residential‑Village District, zoned for higher‑density residential development and mixed‑use possibilities.; Strategically located on Academy Road, offering unmatched convenience to local amenities.; Close proximity to I‑295 (Exit 43) for quick and easy access.
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