0.12 Acres of Residential Land for Sale in Portland, Maine
30-32 Atlantic St, Portland, ME 04101
Just a few blocks from Portland Foreside and the world headquarters of companies such as WEX, Covetrus, Sun Life, ROUX and more this is the perfect place to build a dream home or dreamy condos / apartments. Located in the coveted R6 zone this 5,195sf lot is ready for a single family or up to 7 units (45' high). The building envelope is generous, the curb cut already exists, full city utilities are readily accessible and the lot is level, open and easy to build on. The grounds and plantings provide the feel of an urban oasis or botanical garden and the rear of the lot opens and affords lots of light and expansive water and working water-front views. Plans exist and are fully approved for a 4 family and seller / architect will provide $10K in services to modify the current plans and assist in permitting. With connections to local contractors you could move in in as little as 12 months. Buy and build your dream home, buy and build rentals (not subject to rent control) or buy and build condos (similar units are selling for $1K per/sf). This is a win/win/win opportunity and one not to be missed.
Property details
- County
- Cumberland County
- Zoning
- R6
- Elevation
- 121 feet
- MLS Number
- MREIS 1546746
- Date Listed
Property taxes
- 2022
- $6,742
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 2, 2024 | Price decrease | $795,000 | $24,000 -2.9% | MREIS |
| Jan 26, 2024 | Price decrease | $819,000 | $26,000 -3.1% | MREIS |
| Jan 10, 2024 | Price decrease | $845,000 | $50,000 -5.6% | MREIS |
| Nov 7, 2023 | Relisted | $895,000 | — | MREIS |
| Nov 2, 2023 | Listing removed | $895,000 | — | — |
| Aug 12, 2023 | Price decrease | $895,000 | $100,000 -10.1% | MREIS |
| Oct 25, 2022 | New listing | $995,000 | — | MREIS |