65 Olde Canal Way Approvals Gorham, ME 04038
- Land
- 6.53 lot acres
Current Use by Public Records
- Land
Property Details for 65 Olde Canal Way Approvals
- Lot size
- 6.53 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
Exceptional investment opportunity: 6.53 acres of industrial land in Gorham, Maine (04038), located at 65 Olde Canal Wy (Approvals), is available for $925,000. This property boasts pre-approved plans for a 40-unit luxury garage condominium development, branded "Luxury Motor Toys." Each unit will measure approximately 27 feet wide by 37 feet long, featuring a 200 sq ft mezzanine level with a glass partition, an outdoor balcony, a full bathroom, and a refrigerator/prep area. Residential living within the units is strictly prohibited. A shared clubhouse with a full kitchen will be available for small group events hosted by condo owners. Renderings are available online at www.luxurymotortoys.com. The development will include a security gate, security cameras, and 24/7 security. Public utilities will service the property, including water, sewer, power, and underground communications. This is a turnkey opportunity to capitalize on the growing demand for high-end automotive storage solutions. The property's convenient location in Cumberland County offers easy access to major transportation routes and amenities. Don't miss this chance to acquire a prime piece of developed land with significant upside potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gorham
- County
- Cumberland
- State
- Maine
- Longitude
- -70.4005
- Latitude
- 43.7016
