00 Park Street, Orono, ME 04773

Orono
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
00 Park Street,Orono, ME 04773
$900,000
  • 4.58 Acres
  • Lots / Land
  • Active
Office: keller williams realty
MLS#:1661445
Source:ME_MREIS

Price summary

  • Price:$900,000

About this home

Fully positioned development site for 30 spacious 2-3BR units in a growing Maine submarket. Marketing description Positioned in the heart of Orono--one of Maine's most supply-constrained and consistently high-demand rental markets--this ±4.6-acre development site at 0 Park Street presents a rare opportunity to deliver new construction, townhouse-style student housing immediately adjacent to the University of Maine. Located just steps from The Local and approximately 0.5-0.8 miles (±2-4 minute drive / short bike ride) from University of Maine, the property offers an exceptional proximity advantage that is increasingly difficult to replicate. The University enrolls approximately 11,000 students and serves as the state's flagship research institution, driving consistent housing demand across all asset classes. The offering consists of a 4.58-acre level parcel with favorable positioning along Park Street, a primary corridor connecting downtown Orono to campus. The site benefits...

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Home facts

  • Listing ID #:1661445
  • Updated:July 06, 2026 at 06:45 PM

Structure and exterior

  • Lot area:4.58 Acres
  • Lot Features:Business District

Utilities

  • Water:Public

Finances and disclosures

  • Price:$900,000
  • Tax amount:$82,400 (2024)

Parking

  • Parking description:21+ Spaces, No Driveway
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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