Prime Congress Street Location

Vacant Land for Sale
Catylist Listing ID: 30722162
Property Subtypes: Multi-Family, Office
Gross Land Area: 0.70 Acres
Sale Price: $1,475,000
Unit Price: $2,107,142 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

Ideal location for professional office development. Adjacent to Clark Insurance and Unum campus. Located at signal light interchange and across from Congress Street entrance to the Portland Jetport.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $7,470 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 216A011001/216A003001/216A004
Zoning: RP (RESIDENTIAL-PROFESSIONAL)
Property Located Between: Located adjacent to Clark Insurance headquarters and across from Portland Jetport
Property Visibility: Excellent
Largest Nearby Street: Congress Street
Feet of Frontage: 290
Traffic/Vehicle Count: 21,656
Highway Access: Property fronts on Congress Street
Airports: Portland Jetport
Site Description: Location Location Location. One of the few developable parcels on Congress Street. Located across from the entrance to the Portland Jetport, adjacent to Clark Insurance and on the access road for Unum. Property contains two homes and garages which can be removed.
Lot Frontage: 290' on Congress Street
Zoning Description: RP (Residential and Professional)
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,853 73,715 125,468
Median Age: 35.2 36.95 38.92
Households: 2,380 33,406 55,569

Contact

Photograph of Listing Agent

Robert Baldacci

FO Bailey Real Estate
NECPE Member
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