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Executive Summary

Rare opportunity to acquire a 0.19± AC development site in Portland's East Bayside neighborhood with immediate access to I-295, downtown Portland, & Munjoy Hill
Existing 1,635± SF, steel-constructed former auto repair shop
Flexible B-5 (Urban Commercial) Zoning supports a dense mix of commercial, low-impact industrial, & residential uses
Site plan approvals in place for a 5,665± SF flex building, while the property could also support up to 40 residential apartment units (confirm with City of Portland)
PRICE: $745,000

Property Facts

Price $745,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.19 AC
Zoning B-5 (Urban Commercial)

1 Lot Available

Lot

Price $745,000
Price Per AC $3,921,052.63
Lot Size 0.19 AC

Description

0.19± AC development site in Portland's East Bayside neighborhood with immediate access to I-295, downtown Portland, & Munjoy Hill. Existing 1,635± SF, steel-constructed former auto repair shop.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40878843

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 189 Anderson St, Portland, ME 04101

Contact the Sale Advisor

189 Anderson St

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