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Tbd Storer Street, Sanford, ME 04073

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For Sale

$150,000

0.18 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.2 acres
    Lot size

Explore this Property

VACANT MULTI FAMILY LOT - Located right in the heart of Sanford's evolving downtown, this 0.18-acre parcel offers a compelling opportunity for builders and investors seeking their next in-town project. With 77.5 feet of frontage on Storer Street and a clean 100-foot depth, the lot sits within Sanford's Urban Zone (U) one of the city's most flexible and forward-thinking zoning designations. This zone encourages vertical, mixed-use development with a focus on walkability, density, and compatibility with surrounding neighborhood character. Whether you're planning a small apartment building, stacked townhomes, or a mixed-use structure with commercial space below and residential units above, this lot checks the boxes. Public water and sewer are readily available at the street, and the setting is ideal nestled between a mix of multifamily buildings and single-family homes, just steps from all the amenities of downtown. As an added bonus, the North East lot line abuts a quiet town-owned memorial park honoring John Storer, one of Sanford's early philanthropists, adding a layer of open space and long-term stability abutting your future development. With the recent passage of LD 2003 at the state level, there's an even clearer path for multi-unit housing here. The legislation supports increased residential density and limits local restrictions, which may streamline the approval process for 4 or more units. For the right builder, this lot offers a smart, well-located canvas with meaningful upside in a market that's increasingly focused on infill and housing supply. Bring your plans and bring your vision opportunity like this doesn't sit long.
MLS# 1625378

Courtesy Of Keller Williams Coastal Reatly
750 Lafayette Road, Portsmouth, NH 03801
(207) 475-0999

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.18 Acres

Map and Directions

Directions to Tbd Storer Street, Sanford, ME 04073

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.