66 Ossipee Trail East Trail EStandish, ME 04084Sale Price: $825,000

Prime opportunity to acquire an approved 25± acre multifamily development site. The approvals allow for a 5-building, 60-unit apartment complex. This property presents a rare opportunity to deliver much-needed housing in a high demand submarket with limited new supply just minutes from the Lakes Region and a short drive to Greater Portland's employment centers. Excellent frontage along Route 25 (Ossipee Trail East) offering high visibility and accessibility. Located along a major commuter route, neighboring Colonial Marketplace, George E Jack School, and several local/national retailers & medical users, including but not limited to Dunkin', Subway, Domino's, Family Dollar, Standish Family Dental Health, & VCA Standish Animal Hospital Potential for further development in addition to the 60-unit parcel. Contact broker for details.