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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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16 Godfrey Dr , Orono, ME 04473
$149,000
Est. Payment: $768.78/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 23
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Edward Baldacci , 207-939-2969 and Robert Baldacci , 207-756-2063 Keller Williams Realty , 207-879-9800. Maine Real Estate Information System, Inc. mls logo

Property Type

Vacant Land

Lot/Acreage
3.55

County

Penobscot

Listing ID

1661678

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Zoning:Commercial
Sewer:Unknown
Parking Features:Paved,21+ Spaces
Principal Interest
$769
Taxes
$194

Home Price

$149,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$29,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$768.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $768.78 $194.00 $0.00 $962.78
Yearly $9,225.31 $2,328.00 $0.00 $11,553.31
Total $276,759.38 $69,840.00 $0.00 $346,599.38

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Orono, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing 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.


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Data last updated: 2026-08-02T07:29:11.000Z

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