93 Mclellan Rd Gorham, ME 04038

4,800 SF 77 ac lot Built 1988

Entity Owned 1-yr Hold ~ Est. High Equity

Property ID

US42-0327322

$535,000 4,800 SF

93 Mclellan Rd, Gorham, ME 04038
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This exceptional 15.3-acre commercial land parcel, located at 93 McLellan Road in Gorham, Maine (zip code 04038), presents a unique investment opportunity. Situated in the South Gorham Commercial Corridor District, the property offers versatile zoning allowing for a wide range of development options. Permitted uses include apartment buildings or multi-family housing, nursing homes, business and professional services, light industrial uses, schools, and churches. The land comprises multiple parcels and features distinctive glacier rock formations. Conveniently located off Routes 22 and 114, this property enjoys close proximity to downtown Gorham and the retail amenities of Westbrook. A significant advantage is the adjacency of Lots 5, 6, and 7 to the planned Maine Turnpike Authority East-West Highway. This new highway, scheduled for completion in 2030, will connect Maine Turnpike Exit 45 (Maine Mall Exit) and I-295 to the Route 114 roundabout for the Rines Bypass in Gorham, significantly enhancing accessibility and future value. This prime location and flexible zoning make this property an attractive prospect for developers seeking a strategic investment in a rapidly growing area of Maine. The property's size and location offer substantial potential for a variety of commercial and residential developments.