TBD Storer Street, Sanford, ME 04073 (MLS # 1625378)

View Virtual Tour PRICE $150,000 BEDS 0 BATHS 0 HOME SIZE n/a LOT SIZE 7,841 sqft Request More Info Schedule a Showing

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.