Approved Industrial Development
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862 Riverside Street, Portland, ME 04103
I-M-zoned industrial land with approved plans for a light industrial and mechanical building.
Property SizeContact for details
Days on Market5
Property Features for 862 Riverside Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
The Dunham Group
Listed By:
Bryan Plourde, MAI · License #SA927310
(207) 650-5122
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 12 at 3:13PM
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 Dunham Group
Investment Insights
Based on property information with market context.
This 1.27±-acre industrial land parcel is zoned I-M and carries City of Portland Minor Site Plan approval under PL-003486-2025, approved March 9, 2026. The approval supports a 7,200± SF light industrial/mechanical building, with engineered civil plans completed for the proposed development.
The approved layout provides 12 parking spaces, including one ADA/EV space, four overhead doors, and paved yard and laydown areas. Public water and sewer are available onsite, supporting the planned industrial improvement and related site work.
The approved layout provides 12 parking spaces, including one ADA/EV space, four overhead doors, and paved yard and laydown areas. Public water and sewer are available onsite, supporting the planned industrial improvement and related site work.
Key Highlights
- 1.27± acres of industrial land
- I‑M zoning
- Minor Site Plan approval: PL‑003486‑2025, approved March 9, 2026
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
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Business Placement
Demographics for 04103, ME
31,185
Population
14,336
Households
2.2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
10.2 sq mi
ZIP Area
3,057
Density / Sq Mi
$90,682
Median Household Income
$48,640
Median Earnings
$1,571
Median Rent
$421,800
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Industrial land - I-M-zoned industrial land with approved plans for a light industrial and mechanical building.
Where is this industrial land located?
The property is located at 862 Riverside Street Portland, ME.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1.27± acres of industrial land; I‑M zoning; Minor Site Plan approval: PL‑003486‑2025, approved March 9, 2026
