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Photo 1 of 6: Approximate Lines Godfrey Drive
Approximate Lines Godfrey Drive
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16 Godfrey Drive, Orono, ME 04473

Penobscot County

Key Facts

3.55Lot (acres)

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.

Property Information

Property Type

Land

Lot Size

3.55 acres

Zoning

Commercial

MLS® Listing#

1661678

Property Features

Parking

Paved

Sewer

Unknown

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$2,328

Tax year 2025

Affordability Calculator

$29,800

Estimated monthly payment

$793/mo

Principal $119,200 · Est. interest $166,295 over 30 yrs

Location

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
Lot#A Stillwater Avenue, Orono, ME$175,000
27 Water Street, Orono, ME$179,90021734

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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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MREISIDX. MLS® Listing#1661678. © 2026EXIT Realty®. All rights reserved.