Free Waterfront Land: Must Bring Jobs

Camden, Maine is giving away 3 1/2 acres of waterfront land. The catch? The buyer must pay up front, then gets money back for every worker they hire.

1 minute read

September 17, 2010, 9:38 AM PDT

By Tim Halbur


Heather Steeves explains the scheme:

"The future owner of the land will have to pay $200,000 up front. Then, for every eight workers hired, the owner will get a third of the purchase price refunded. The company will have five years to hit the 24 employee mark and get the full rebate of $200,000 before the offer expires."

The site also has its challenges. A former industrial site, it will need to be cleaned up to become usable.

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