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    Peaks Island, ME
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    Peaks Island, ME Commercial Land for Sale

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    11 properties
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    Portland Commercial Land For Sale
    Updated: Oct 21, 2024
    Portland Commercial Land For Sale

    1871 Forest Ave, Portland, ME

    $1,750,000
    8,771 sqft 3.43 AC lot
    High‑density residential redevelopment potential due to B2 zoning.
    Large 3.42± AC lot in Portland.
    Existing 8,771± SF restaurant space.
    Two entrances off Forest Avenue and located directly on a bus route.
    52± on‑site parking spaces.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1871 Forest Ave, Portland, ME

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $98K
      Annual

    • Price @ 7% Cap

      $1.4M
      Suggested

    • Property Type

      Retail Stores
      Built 1910
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    Prime Bayside Development Opportunity
    Updated: May 12
    Prime Bayside Development Opportunity

    25 Cedar Street, Portland, ME 04101

    $750,000
    1,939 sqft 0.05 AC lot
    Large .262‑acre assemblage of four parcels in Portland's Bayside district.
    Located in a rapidly evolving area with ongoing investment and redevelopment.
    Strong potential for mixed‑use or commercial development.
    Walkable downtown location.
    Existing residential structures and surface parking provide immediate utility.
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    Prime Land in Portland, Maine
    Prime Land in Portland, Maine

    200 Oxford Street, Portland, ME 04101

    $750,000
    0.09 AC lot

    Rare land assemblage in Portland's Bayside district, ideal for development.

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    Four-Parcel Corner Land Assemblage
    Four-Parcel Corner Land Assemblage

    200 Oxford Street, Portland, ME 04101

    $750,000
    0.26 AC lot

    Four-parcel assemblage with existing residential structures and surface parking, positioned for mixed-use or commercial development planning.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Former Auto Shop Development Site
    Former Auto Shop Development Site

    189 Anderson Street, Portland, ME 04101

    $745,000
    1,635 sqft 0.19 AC lot

    Mixed-use zoned site with approved flex development and potential for residential units, supported by direct highway access.

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    Commercial Land For Sale
    Commercial Land For Sale

    15 Epps St, Peaks Island, ME 04108

    Contact for pricing

    Commercial land offered for sale, providing buyers the flexibility to pursue permitted development plans.

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    Development Site Near Rock Row
    Development Site Near Rock Row

    25 Holm Ave, Portland, ME

    $450,000
    0.70 AC lot

    30,388 SF development site near Rock Row and I-95.

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    Waterfront Land with Harbor Views
    Waterfront Land with Harbor Views

    22 Boathouse Way, Portland, ME 04108

    $999,000
    4,791 sqft 0.11 AC lot

    Waterfront land with dock, boathouse, and utilities in place.

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    Portland Business Park Land Available
    Portland Business Park Land Available

    Technology Park Drive, Portland, ME

    Contact for pricing
    12.45 AC lot

    Land sites available in Portland's municipal business park.

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    Prime Development Site in Portland
    Prime Development Site in Portland

    9 Somerset St, Portland, ME 04101

    Contact for pricing
    3,513 sqft 0.79 AC lot

    0.785 acre development site in Portland's Bayside neighborhood.

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    Bayside Development Site For Sale
    Bayside Development Site For Sale

    9 Somerset St, Portland, ME

    Contact for pricing
    0.79 AC lot

    Development site in Portland's desirable Bayside neighborhood.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 Active listings in Peaks Island, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Cape Elizabeth Commercial Development Lot
    Cape Elizabeth Commercial Development Lot

    316 Ocean House Rd, Cape Elizabeth, ME 04107

    $1,100,000
    0.88 AC lot

    0.88 acre commercial development lot in Cape Elizabeth.

    View details
    Undeveloped Land Parcel For Sale
    Undeveloped Land Parcel For Sale

    114 Mussey Road, Scarborough, ME

    $3,350,000
    13.50 AC lot

    Undeveloped land with frontage on Mussey Road and I-295.

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    Commercial Land in Town Common
    Commercial Land in Town Common

    326 ocean house road, Cape Elizabeth, ME

    $385,000
    0.35 AC lot

    0.35 AC site for commercial or multi-family development.

    View details
    Development Lots on Science Park
    Development Lots on Science Park

    Science Park Road, Scarborough, ME

    Contact for pricing
    3.10 AC lot

    Three development lots available near Maine Medical Campus.

    View details

    Peaks Island, ME Commercial Land Market Trends and Statistics

    Explore 11 commercial land for sale in Peaks Island, ME, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 17,136 square feet of properties for sale, with an estimated market value of $4,244,000.

    Sale prices for commercial lots in Peaks Island, ME start at $745,000, averaging $1,061,000, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 1

    Demographics Overview

    Population 788
    Population Growth (5Y) -12.1%
    Median Household Income $84,120

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $13.22 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Residential Income

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    Most Searched ZIP Codes in Peaks Island, ME

    • 04101
    • 04108

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