Peaks Island, ME Land for Sale

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Falmouth, ME South Portland, ME Cape Elizabeth, ME New Portland, ME Chebeague Island, ME Scarborough, ME Westbrook, ME Gorham, ME

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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.

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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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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

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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Direct Waterfront Building Lot

109 Reed Avenue, Portland, ME 04108

$975,000

0.92 AC lot

Build on a surveyed, perk-tested Peaks Island site with extensive ocean frontage and access to a protected cove.

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Water-View Residential Land Lot

119 West Shore Drive, Portland, ME 04109

$257,000

1.96 AC lot

Water-view island community lot with an open, level building window for a summer or year-round home.

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Corner Residential Development Lots

198 / 21 /Oxford / Cedar Street, Portland, ME 04101

$3,000,000

11,417 sqft 0.26 AC lot

Four contiguous corner lots in an RN-4 zone, offered for development with an underwritten capacity of about 40 units.

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Corner Lot with Water Views

7 Orange Street, Portland, ME 04102

$595,000

0.14 AC lot

Corner lot suitable for single-family or multifamily development with water views.

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Island Waterfront Development Land

383 Pleasant Avenue, Portland, ME 04108

$350,000

1.41 AC lot

Build a seasonal retreat or investment on a level, partially cleared island parcel in Maine under IR-2 zoning.

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City-Serviced Residential Lot

43 Maine Avenue, Portland, ME 04103

$150,000

0.13 AC lot

Residential-zoned Portland lot with city water and sewer access for future development planning.

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Waterfront Land with Harbor Views

22 Boathouse Way, Portland, ME 04108

$999,000

0.11 AC lot

Waterfront land with dock and boathouse included, utilities on site.

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Portland Land Near Fore River

Hillcrest Avenue, Portland, ME 04102

$275,000

0.31 AC lot

Residential land for sale near downtown Portland and nature preserve.

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Great Diamond Island Building Lot

184 Sunset Avenue, Portland, ME 04109

$139,900

0.28 AC lot

Residential land on Great Diamond Island near Portland, Maine.

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Residential Land in Capisic/Rosemont

63 Capisic Street, Portland, ME 04102

$195,000

0.14 AC lot

Expansive lot in Portland's desirable Capisic/Rosemont neighborhood.

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Four-Parcel Corner Land Assemblage