921 Ocean Avenue, Portland
Vacant Land
for Sale
| Catylist Listing ID: |
30873070 |
| Property Subtypes: |
Industrial, Multi-Family, Office, Residential (Single Family)
|
| Gross Land Area: |
2.82 Acres
|
| Sale Price: |
$1,300,000 |
| Unit Price: |
$460,992 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/5/2024 |
Overview / Comments
|
We are pleased to offer this 2.82± acre development site for sale at 921 Ocean Avenue in Portland, Maine. The property is in the Residential R5 Zone which allows for both commercial and residential uses. The site has subdivision potential, with preliminary drawings estimating 11 builadable lots. The property has frontage on both Ocean Avenue and Presumpscot Street, and is conveniently located close to I-295 and only a few minutes to downtown Portland.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05170_418A A008 |
| Zoning: |
R5 -RESIDENTIAL |
| Site Description: |
Wooded lot with potential subdivision of 11 lots |
| Lot Frontage: |
393 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,163 |
62,973 |
104,073 |
| Median Age: |
40.64 |
38.3 |
39.14 |
| Households: |
2,555 |
27,867 |
46,989 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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