Mixed-Use Land for Sale in Portland, Maine

157 Veranda St Portland, ME 04103

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$225,000
0.12 acres
Active sale agoEst $1,613/mo

Rare mixed use, corner lot available on Rte 1 in Portland! Located on Veranda St and just off of 295, this location is accessible and convenient. Lot is level and flat. 5,004 sq ft +/-. B1B Zoning encourages ground floor retail/commercial use and residential units above. However, one may decide to build their dream home or developers may be interested in getting a bit more creative. Based on current square footage calculation, build up to 5 units. The LD 2003 could increase number of allowable units by 2.5X if you provide affordable units. It would be tight, but may be the perfect fit for a new 6 unit Multi-Family. Neighborhood amenities include public transit (bus stop right on the corner of Fayette and Veranda), local restaurants (Veranda Noodle Bar, Beals Ice Cream, Monte's), Back Cove, Mackworth Island, and the currently under development, Roux institute. Traffic count must be through the roof.

Property details

Zoning
B1-B
MLS Number
MREIS 1605246
Date Posted

This 0.12-acre property is located at 157 Veranda St in Portland, ME 04103. The property is currently available for sale for $225,000 with a price per acre of $1,875,000. Listing data is sourced from Maine Real Estate Information System # 1605246.

Verify sale details at the property source or contact Keller Williams Realty at (207) 879-9800.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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