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B-1B Commercial Land Parcel

245 Anderson Street, Portland, ME 04101

For Sale
$749,000

Land, Portland, ME

Property SizeContact for details
Lot Size0.18 Acres
Days on Market55

Property Features for 245 Anderson Street

General Information

Property type Land
Property subtype Other
Zoning B-1B
Parking features Other
Lot features Rolling/ Sloping, Pasture/ Field, Wooded, Intown, Near Turnpike/ Interstate, Neighborhood
Standard status Active
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1308

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Signature Homes Real Estate Group, LLC
Listed By: Jennifer Fecteau
Added: Sep 14 Last Checked: Nov 7 at 9:06AM
MLS# 1680510

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This vacant commercial land parcel contains approximately 8,043 square feet, or 0.18 acres, and is identified within Portland’s B-1B zoning district. Public water and public sewer are available. Any future development would remain subject to applicable zoning provisions, dimensional requirements, site plan review, permitting, and other governmental approvals.

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

Key Highlights

  • Approximately 8,043 SF vacant commercial land parcel
  • 0.18‑acre site at 245 Anderson Street, Portland, ME 04101
  • Located in the City of Portland’s B‑1B zoning district

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

749
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
View Realmo Analytics

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 development parcel with public water and sewer service.
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 commercial land parcel; 0.18‑acre site at 245 Anderson Street, Portland, ME 04101; Located in the City of Portland’s B‑1B zoning district
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