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B-1B Commercial Land

245 Anderson Street, Portland, ME 04101

For Sale
$749,000

Vacant parcel in Portland’s East Bayside neighborhood, subject to City zoning, dimensional standards, site plan review, and permitting.

Property SizeContact for details
Days on Market55

Property Features for 245 Anderson Street

General Information

Standard status Active
Property subtype LAND

Taxes and HOA fees

Annual Taxes $1,308
Listing Agency: Signature Homes Real Estate Group, LLC
Listed By: Jennifer Fecteau
Source: Heathershieldsmaine
Added: Sep 14 Changed: Nov 7 Last Checked: Nov 6 at 6:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Homes Real Estate Group, LLC

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Investment Insights

Based on property information with market context.

This vacant commercial land parcel contains approximately 8,043 SF and is identified by the City of Portland as being within the B-1B zoning district. Any future use or development will be subject to applicable zoning requirements, dimensional standards, site plan review, permitting, and other approvals.

The property is located at 245 Anderson Street in Portland’s East Bayside neighborhood. Washington Avenue, Munjoy Hill, the Eastern Promenade, Casco Bay, waterfront trails, downtown Portland, and the Old Port are identified as nearby destinations. The surrounding area includes breweries, tasting rooms, coffee shops, restaurants, and local makers.

Key Highlights

  • Approximately 8,043 SF vacant parcel
  • Identified within Portland’s B‑1B zoning district
  • Located at 245 Anderson Street, Portland, ME 04101

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store HVAC Service Auto Repair Shop Dental Office Daycare Center

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

1,471
Businesses Nearby

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in Cumberland County, ME

$141 Jul
$288 Aug
$304 Sep
$255 Oct

Properties on Market for Commercial land in Cumberland County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant parcel in Portland’s East Bayside neighborhood, subject to City zoning, dimensional standards, site plan review, and permitting.
Where is this commercial land located?
The property is located at 245 Anderson Street Portland, ME.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Approximately 8,043 SF vacant parcel; Identified within Portland’s B‑1B zoning district; Located at 245 Anderson Street, Portland, ME 04101
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