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    189 Anderson St Portland, ME 04101

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    For Sale
    $845,000

    Mixed-use redevelopment site in Portland's East Bayside neighborhood.

    Property size:
    6,022 SF
    Lot size:
    0.20 Acres

    Property Features for 189 Anderson St

    General Information

    Size
    6,022 SF
    Lot size
    0.20 Acres

    Source: Malone Commercial Brokers Agent Mike Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Bayside Redevelopment Opportunity

    This property is a mixed-use redevelopment site featuring a former auto repair building. The existing structure can be renovated or cleared to make way for new construction. Site plan approvals are in place. The property is located in Portland’s East Bayside neighborhood, offering convenient access to I-295. The property size is 6,022 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fogg's Body Shop Auto Body Shop

    Suggested Use

    Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lewis Garage, Staline Heavy Duty Towing, Oakhurst Fleet Services, High Maintenance Auto Solutions, Adams Towing

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2555798
    Latitude
    43.6691858

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    FAQs

    What type of property is this?
    Auto shop - Mixed-use redevelopment site in Portland's East Bayside neighborhood.
    Where is this auto shop located?
    The property is located at 189 Anderson St Portland, ME.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: - Site plan approvals in place; - Located in Portland’s East Bayside neighborhood; - Easy access to I-295
    (207) 358-7028
    Request Owner's contact information
    189 Anderson St Portland, ME 04101
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    Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    189 Anderson St Portland, ME 04101
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