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$300,000
**Investment and redevelopment opportunity in the City Center District.** The property has sustained significant fire damage and is in need of extensive repair and rehabilitation and/or demolition. Buyers should perform their own due diligence regarding the condition of the existing structure and the feasibility of repair or redevelopment. The property is located in **Zone 16 within the City Center District**, which offers **no-setback development potential and the potential for up to 14 units**, subject to municipal review and approval. Buyers are encouraged to verify zoning, permitted uses, unit density, dimensional requirements, and all redevelopment possibilities with the appropriate municipal planning and code enforcement departments. An opportunity for an investor or developer to reimagine the property and take advantage of its City Center location and development potential.

23 Locust St, Westbrook

Listing courtesy of The Flaherty Group.

$450,000
Rare development opportunity in Westbrook's City Center District with a Planning Board-approved subdivision plan that has been recorded with the Registry of Deeds. This approximately half acre parcel received final Site Plan/Subdivision approval from the Westbrook Planning Board for an 8 unit residential development consisting of 4 duplex structures, subject to the conditions contained in the City's Notice of Decision. Significant planning and engineering work has already been completed, offering a prospective developer the opportunity to take over a project that has progressed well beyond the typical undeveloped parcel. Located within Westbrook's City Center District, the property offers flexible zoning and excellent potential for an in-town residential development. Public water and sewer are available in the area. Conveniently located near downtown Westbrook, Rock Row, Portland and major commuter routes, this property combines location, development potential and meaningful municipal approvals in an increasingly difficult-to-find Greater Portland infill opportunity.

160 Conant St, Westbrook

Listing courtesy of RE/MAX Realty One.

$499,000
Investors and developers take notice! Exceptional opportunity to acquire an 8-unit multifamily/condominium project currently progressing through the municipal approval process, with approvals anticipated by August 2026. The development features eight thoughtfully designed 3-bedroom, 2.5-bath townhomes with attached garages, open-concept living areas, and spacious primary suites with private baths. With strong appeal as either for-sale condominium units or long-term rentals, this project offers outstanding flexibility and income potential. Public water and sewer are available, and the private yet convenient location provides easy access to local amenities, employment centers, and transportation routes. Position yourself for success with this turnkey development opportunity.

368 Bridgton Rd, Westbrook

Listing courtesy of Signature Homes Real Estate Group, LLC.

Listing data is derived in whole or in part from the Maine IDX and 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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