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Commercial Land Along Bayside Trail
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75 Somerset Street, Portland, ME 04101

Four parcels may be considered separately or together.

Space SizeContact for details
Days on Market6

Property Features for 75 Somerset Street

General Information

Standard status Active
Property subtype Land

Spaces For Lease

at 75 Somerset Street Contact us

Whole Building

Availability
Active
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Listing Agency: The Boulos Company Portland
Listed By: Nate Stevens · License #ME 921332
Source: Crexi
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 26 at 4:35AM

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 3.5±-acre commercial land tract at 75 Somerset Street is divided into four parcels, which may be considered individually or in combination. Recent zoning changes allow dense commercial housing and other uses; the property information does not specify a zoning designation.

The property is in Portland’s Bayside neighborhood, near the Franklin Arterial exit from I-295 and public transportation. It sits directly on the Bayside Trail, which connects to Deering Oaks Park, Back Cove, and the Eastern Prom. Whole Foods, Hannaford, and Trader Joe’s are within walking distance, with retail, cultural, educational, and dining options nearby.

Key Highlights

  • 3.5± acres divided into four parcels
  • City will consider proposals for one parcel or multiple parcels
  • Recent zoning changes allow dense commercial housing and other uses

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Building Supply Auto Repair Shop HVAC Service Storage Facility Dental Office

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,872
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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Frequently Asked Questions

What type of property is this?
Commercial land - Four parcels may be considered separately or together.
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: 3.5± acres divided into four parcels; City will consider proposals for one parcel or multiple parcels; Recent zoning changes allow dense commercial housing and other uses
(207) 553-1702 Call to check price and availability
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