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9 Somerset St, Portland, ME 04101
0.785 acre development site in Portland's Bayside neighborhood.
Property Size3,513 SF
Lot Size0.79 Acres
Days on Market715
Property Features for 9 Somerset St
General Information
Standard status
Active
Size
3,513 SF
Lot size
0.79 Acres
Property subtype
Land
Zoning
B3 - Downtown Business
Listing Agency:
The Boulos Company Portland
Listed By:
Chris Paszyc · License #ME BR913433
Source:
Crexi
Added: Sep 19, 2024
Changed: Aug 24
Last Checked: Sep 1 at 11:56PM
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.
A 0.785 acre development site is available in the Bayside neighborhood of Portland, Southern Maine. This assemblage is located in Portland, a commercial and cultural hub. The property is situated in the Bayside neighborhood, adjacent to retail destinations such as Whole Foods, Walgreens, and Trader Joe’s. Zoning regulations allow for the construction of multi-family housing and/or commercial development. Located near the I-295 Franklin Arterial exit, the property offers transportation connectivity. The Old Port area is in close proximity. The property is adjacent to retail, cultural, educational, and dining options. The parcel of land includes a 3,513 square foot commercial building that is to be demolished.
Key Highlights
- Prime 0.785± acre development site in Portland's desirable Bayside neighborhood.
- Zoning allows for multi‑family housing and/or commercial development.
- Strategically located adjacent to popular retail destinations (Whole Foods, Walgreens, Trader Joe’s).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,791
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.785 acre development site in Portland's Bayside neighborhood.
Where is this commercial land located?
The property is located at 9 Somerset St Portland, ME.
What are key features of this property?
This property features: Prime 0.785± acre development site in Portland's desirable Bayside neighborhood.; Zoning allows for multi‑family housing and/or commercial development.; Strategically located adjacent to popular retail destinations (Whole Foods, Walgreens, Trader Joe’s).
