East End Land-Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30500986
Property Subtypes: Hospitality, Multi-Family, Office, Retail
Gross Land Area: 0.13 Acres
Sale Price: $500,000
Unit Price: $3,846,153 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

Munjoy Hill buildable lot! This is the hottest development area in Portland between the observatory and Washington Ave's restaurant row. Lot is to be split from current 2-unit that is on the same deed. With R6 zoning you could build your dream home or large investment property, opportunity abounds.
Lot to be split upon sale- lot size estimated

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: PTLD-000013-000000-L003001
Zoning: R6
Property Visibility: Fair
Legal Description: Vacant land
Largest Nearby Street: Washington Avenue
Site Description: Munjoy Hill buildable lot! This is the hottest development area in Portland between the observatory and Washington Ave's restaurant row. Lot is to be split from current 2-unit that is on the same deed. With R6 zoning you could build your dream home or large investment property, opportunity abounds. Lot to be split upon sale- lot size estimated
Lot Frontage: TBD
Zoning Description: Residential
Topography: Level
Soil Type: Mixed
Available Utilities: Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,771 70,949 112,297
Median Age: 34.02 37.61 39.27
Households: 7,630 33,519 50,479

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