9 Somerset St Portland, ME 04101
- Manufacturing properties
- 3,513 SF
- 0.78 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 9 Somerset St
- Year built
- 1940
- Lot size
- 0.78 lot acres
- Property size
- 3,513 SF
- Property type
- Manufacturing properties
- APN
- PTLD M:024 B:C024001
- APU
- PTLDM024BC024001
Description
This exceptional 0.785-acre commercial development site is located in Portland, Maine's desirable Bayside neighborhood at 9 Somerset Street (APN 24-C-24). Zoned B7 & Intermediate Urban Height, this property presents a unique opportunity for a variety of commercial projects. The lot offers unparalleled access to a vibrant and thriving community, boasting a Walk Score of 96 and a Bike Score of 78. Its strategic location places it within easy reach of numerous amenities, including Whole Foods, Planet Fitness, Walgreens, Trader Joe's, and a wide array of shopping, dining, and entertainment options. The property's proximity to renowned educational institutions such as the Maine College of Art, University of Southern Maine, and Northeastern's Roux Institute further enhances its appeal and potential. Owned by E. Perry Iron & Metal Co., this parcel represents a rare chance to build in a high-demand area with exceptional walkability and access to a diverse range of businesses and educational facilities. The property's size and zoning provide significant flexibility for developers seeking to capitalize on Portland's robust commercial market. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.26
- Latitude
- 43.6635
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
