Courtesy: Realty of Maine
207-942-6310
Exceptional 18.5-acre commercial development opportunity in one of the Greater Bangor region's most active growth corridors. Located on highly traveled Stillwater Avenue in Orono with outstanding visibility and convenient access to Interstate 95 - just 500 ft away-,this Commercial Industrial (CI) zoned property offers tremendous flexibility for a wide range of commercial, industrial, retail, office, mixed-use, or investment projects. Over $75,000 has already been invested in site clearing, providing a significant head start for future development. Preliminary traffic and drainage reviews have been undertaken, helping buyers better evaluate development potential. The property features excellent road frontage, strong traffic exposure, and a strategic location near expanding commercial businesses, educational institutions, and regional employment centers. The Town of Orono has demonstrated openness to considering broader development opportunities, including potential rezoning discussions if required for a proposed use. Whether you are seeking a location for a business expansion, commercial development project, industrial facility, storage operation, or long-term investment, this property offers exceptional potential and flexibility.The seller will also consider leasing opportunities. Rarely does a parcel of this size, visibility, and accessibility become available in such a desirable location. Bring your vision and capitalize on the continued growth of the Orono market. Consists of 2 parcels - option to purchase either or all. See MLS# 1667453 for 7 acres-$175000 and MLS#1667312 for all 28.5 acres $600000
Courtesy: Realty of Maine
207-942-6310
Exceptional 7 -acre commercial development opportunity in one of the Greater Bangor region's most active growth corridors. Located on highly traveled Stillwater Avenue in Orono with outstanding visibility and convenient access to Interstate 95 - just 500 ft away-,this Commercial Industrial (CI) zoned property offers tremendous flexibility for a wide range of commercial, industrial, retail, office, mixed-use, or investment projects. Over $75,000 has already been invested in site clearing, providing a significant head start for future development. Preliminary traffic and drainage reviews have been undertaken, helping buyers better evaluate development potential. The property features excellent road frontage, strong traffic exposure, and a strategic location near expanding commercial businesses, educational institutions, and regional employment centers. The Town of Orono has demonstrated openness to considering broader development opportunities, including potential rezoning discussions if required for a proposed use. Whether you are seeking a location for a business expansion, commercial development project, industrial facility, storage operation, or long-term investment, this property offers exceptional potential and flexibility.The seller will also consider leasing opportunities. Rarely does a parcel of this size, visibility, and accessibility become available in such a desirable location. Bring your vision and capitalize on the continued growth of the Orono market. Neighboring 18.5 acre lot for sale as well MLS #1667458 for$475000- MLS# 1667312 for entire parcel $600000
Courtesy: Realty of Maine
207-942-6310
Exceptional 25.5-acre commercial development opportunity in one of the Greater Bangor region's most active growth corridors. Located on highly traveled Stillwater Avenue in Orono with outstanding visibility and convenient access to Interstate 95 - just 500 ft away-,this Commercial Industrial (CI) zoned property offers tremendous flexibility for a wide range of commercial, industrial, retail, office, mixed-use, or investment projects. Over $75,000 has already been invested in site clearing, providing a significant head start for future development. Preliminary traffic and drainage reviews have been undertaken, helping buyers better evaluate development potential. The property features excellent road frontage, strong traffic exposure, and a strategic location near expanding commercial businesses, educational institutions, and regional employment centers. The Town of Orono has demonstrated openness to considering broader development opportunities, including potential rezoning discussions if required for a proposed use. Whether you are seeking a location for a business expansion, commercial development project, industrial facility, storage operation, or long-term investment, this property offers exceptional potential and flexibility.The seller will also consider leasing opportunities. Rarely does a parcel of this size, visibility, and accessibility become available in such a desirable location. Bring your vision and capitalize on the continued growth of the Orono market. Consists of 2 parcels - option to purchase either or all. See MLS# 1667453for 7 acres-$175000 and MLS# 1667458 for 18.5 acres $425000
Courtesy: Realty of Maine
207-942-6310
Nestled alongside an established high-end Orono subdivision, this secluded 4.2-acre buildable lot offers the perfect blend of convenience and natural beauty. Enjoy the peace and seclusion of a 50-foot conservation buffer bordering the property, creating a serene setting with nature right at your doorstep. With ample space for a custom home, gardens, trails, or other outdoor amenities, the possibilities are endless. Located just minutes from downtown Orono's charming shops, restaurants, schools, and the University of Maine campus, and only a short drive to Bangor, this rare offering provides an ideal location for your dream home or future investment. Opportunities like this are becoming increasingly difficult to find--don't miss your chance to own a beautiful piece of one of Maine's most sought-after communities.
Courtesy: Keller Williams Realty
207-879-9800
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.
Courtesy: ERA Dawson-Bradford Co.
207-947-6788
Set along the scenic Penobscot River in the heart of Orono, Maine, this exceptional 1.49+/- acre lot offers a rare opportunity to create your dream waterfront retreat. Easily accessible via an existing driveway, the property features approximately 375 feet of river frontage and 450 feet of road frontage--providing both privacy and convenience. Spend your days strolling down to the water's edge, casting a line, or simply enjoying the peaceful natural surroundings. Living in Orono means enjoying the perfect blend of small-town charm and vibrant community life. Home to the University of Maine, the town offers access to cultural events, Division I athletics, and educational opportunities. You'll find local shops, restaurants, and cafes nearby, along with walking trails, parks, and year-round outdoor recreation. Despite its tranquil setting, Orono is just minutes from Bangor, Maine, where you'll have access to larger shopping centers, healthcare facilities, and an international airport. Whether you're looking to build a full-time residence or a peaceful getaway, this property combines natural beauty, accessibility, and community amenities in one ideal location. Easy to show--come explore the possibilities this unique riverside lot has to offer.
Courtesy: Keller Williams Realty
207-879-9800
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 from existing infrastructure access and is ideally suited for a 30-unit, 2-3 bedroom townhouse-style apartment community, a product type that directly aligns with current renter preferences for larger, modern, off-campus living options. Proven Rental Market Fundamentals Orono consistently draws renters from both the student population and the broader Bangor region, functioning as a regional service and employment center with more jobs than resident workers--supporting long-term rental demand stability. Scalable Development with Seller Support The ±4.6-acre site provides the scale and flexibility to execute a cohesive townhome-style community, with the seller willing to support approvals--reducing entitlement risk and accelerating development timelines. NDA to review Engineering Documents.
Orono is located in Maine. Orono, Maine has a population of 11,481. Orono is less family-centric than the surrounding county with 21.47% of the households containing married families with children. The county average for households married with children is 26.71%.
The median household income in Orono, Maine is $51,233. The median household income for the surrounding county is $55,125 compared to the national median of $69,021. The median age of people living in Orono is 22.5 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 42.4 inches per year, with 69.1 inches of snow per year.
