Development Site / For Sale

Vacant Land for Sale
Catylist Listing ID: 30842944
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 1.15 Acres
Sale Price: $6,900,000
Unit Price: $6,000,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2023

Overview / Comments

•111,047+/- SF parking garage currently on site
•Potential building height up to 250’+/-
•Located in the heart of downtown Portland, right behind the historic Time & Temperature building
•Prime location for residential development

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_037 F002
Zoning: B3 & DEOZ
Site Description: Prime location for residential development
Lot Frontage: 0.99

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,725 78,550 111,093
Median Age: 33.57 38.07 39.15
Households: 13,310 36,466 50,070


Photograph of Listing Agent

Luke Malone

Malone Commercial Brokers Not a member of NECPE
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