Listing Agency: EXP Realty m***@exprealty.net Show Phone

Listed By: Michael Rogers · License #BR900937 Show Phone

Added: Jun 3 Changed: Jun 11 Last Checked: Aug 12 at 5:06PM

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MLS# 1655958

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Investment Insights

Based on property information with market context.

This 0.78-acre land parcel in Portland, Maine, is zoned RN-1 and is intended for residential use. The highest and best use for this property is a condominium development of six and eight dwelling units per LD 1829, effective July 1, subject to pending legislation, LD 2173, which will slightly delay its implementation.

Key Highlights

• Development potential for condominium units.
• Zoning allows for six to eight dwelling units.
• Public water source available.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Electrical Service Real Estate Agency Law Firm Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

332

Businesses Nearby

Explore this area Business Placement

Demographics for 04102, ME

18,002

Population

8,633

Households

2.1

Avg Household Size

38

Median Age

62%

College-Educated

96%

High-School Grad

6.0 sq mi

ZIP Area

3,000

Density / Sq Mi

$79,631

Median Household Income

$47,898

Median Earnings

$1,435

Median Rent

$464,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Land suitable for condominium development in Portland, Maine.

Where is this land located?

The property is located at 1905 Congress Street Portland, ME.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Development potential for condominium units.; Zoning allows for six to eight dwelling units.; Public water source available.