Description
Prime commercial development opportunity in the highly desirable Godfrey Drive business corridor in Orono. This vacant lot offers outstanding potential for office, industrial, flex-space, research, technology, or service-oriented development in one of the Greater Bangor region's most established commercial hubs. Strategically located just minutes from the University of Maine, Interstate 95, and downtown Bangor, the property provides excellent accessibility for employees, clients, and logistics alike. Surrounded by a strong mix of professional office users, light industrial businesses, research facilities, and expanding commercial development, this location is well-positioned for investors, owner-users, or developers seeking long-term growth in a thriving market. Utilities and infrastructure are readily accessible in the area, making this an attractive site for a wide range of commercial applications. Rare opportunity to secure a well-located commercial parcel in one of Orono's premier business and industrial corridors. Orono serves as a major employment center within the Bangor metropolitan area, hosting more than 6,300 jobs and benefiting from the economic influence of the University of Maine, one of the state's leading research institutions and employers. The area offers a highly educated workforce, with more than 54% of adults holding at least a four-year degree, creating strong demand and support for professional office, technology, engineering, research, and innovation-driven businesses. The Bangor-Orono market continues to see growth across professional services, healthcare, advanced manufacturing, life sciences, and technology sectors, making this an exceptional opportunity for investors, developers, or owner-users seeking long-term upside in a strategically located commercial corridor. Rare opportunity to secure a premier development parcel in one of Eastern Maine's most active commercial and industrial growth areas.
Details
| MLS # | 1661678 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 185 |
| Listing Provided By | Keller Williams Realty | Edward Baldacci |
Features
| Zoning | Commercial |
|---|---|
| Acreage | 3.55 |
Exterior
| Lot Features | Industrial Park, Near Turnpike/Interstate, Near Town, Office Park, Open Lot |
|---|
Parking
| Parking Features | Paved, 21+ Spaces |
|---|
Utilities
| Sewer | Unknown |
|---|---|
| Electric | Unknown |
Taxes
| Tax Annual Amount | 2328 |
|---|---|
| Tax Book Number | 17252 |
| Tax Year | 2025 |
| Tax Lot | 51 |
| Tax Map Number | 11 |
Area Information
| State | ME |
|---|---|
| County | Penobscot |
| City | Orono |
| Zip Code | 04473 |
| Area | Penobscot |
| Listing VS Median (in 04473) | |
Price: $149,000 low | high Med: $324,500 On site: 185 low | high Med: 98 | |
Market Activity 04473
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Learn More About This Property
| State | ME |
|---|---|
| County | Penobscot |
| City | Orono |
| Zip Code | 04473 |
| Area | Penobscot |
| Listing VS Median (in 04473) | |
Price: $149,000 low | high Med: $324,500 On site: 185 low | high Med: 98 | |