Commercial Land Along Bayside
New
For Sale
Contact for pricing
75 Somerset Street, Portland, ME 04101
The city is considering proposals for one parcel or a combination of the four sites.
Property SizeContact for details
Days on Market6
Property Features for 75 Somerset Street
General Information
Standard status
Active
Property subtype
Multifamily, Mixed Use, Land
Listing Agency:
The Boulos Company Portland
Listed By:
Nate Stevens · License #ME 921332
(207) 553-1702
Source:
Crexi
Added: Sep 21
Changed: Sep 24
Last Checked: Sep 24 at 2:22PM
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 The Boulos Company Portland
Investment Insights
Based on property information with market context.
The offering comprises approximately 3.5 acres divided into four parcels. The City of Portland will consider proposals for individual parcels or multiple sites. Updated zoning regulations allow dense commercial housing and other uses.
The land fronts the Bayside Trail, which connects with Deering Oaks Park, Back Cove, and the Eastern Prom. I-295’s Franklin Arterial Exit and public transportation are nearby, while Whole Foods, Hannaford, and Trader Joe’s are within walking distance. Retail, cultural, educational, and dining options are also adjacent.
The land fronts the Bayside Trail, which connects with Deering Oaks Park, Back Cove, and the Eastern Prom. I-295’s Franklin Arterial Exit and public transportation are nearby, while Whole Foods, Hannaford, and Trader Joe’s are within walking distance. Retail, cultural, educational, and dining options are also adjacent.
Key Highlights
- Approximately 3.5± acres divided among four parcels
- City will consider offers for one parcel or multiple parcels
- Updated zoning regulations allow dense commercial housing and other uses
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,872
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - The city is considering proposals for one parcel or a combination of the four sites.
Where is this commercial land located?
The property is located at 75 Somerset Street Portland, ME.
What are key features of this property?
This property features: Approximately 3.5± acres divided among four parcels; City will consider offers for one parcel or multiple parcels; Updated zoning regulations allow dense commercial housing and other uses
