Residential Land for Sale in Portland, Maine

33 - 37 Montreal St Portland, ME 04101

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$2,490,000
0.25 acres
Active sale agoEst $19,908/mo

The combined lots at 33-37 Montreal St represent one of the most compelling development opportunities in Maine and beyond. This elevated and gently sloping site offers expansive Casco Bay views on one of the East End's quietest yet most convenient streets. This part of Munjoy Hill is open, airy, inviting and equi-distant from Eastern Promenade recreation and inner Washington Ave breweries, boutiques, bakeries and more. Located in Portland's most generous residential zone (R6), you can build to 45' in height (from this height you have a near 360* view from sunrise to sunset, ocean to mountains and even city skyline) up to 14 market rate or 35 affordable units. The corner lot allows for zero setbacks on two sides and tremendous flexibility on design from townhouse and small houses to high rise. The owners have done a significant amount of pre-work from survey and geotechnical to engaging one of the area's most respected architectural firms; Kaplan Thompson. Documents are available and this team is posted and ready to field questions or help move your idea to occupancy.

Property details

Zoning
R6
Elevation
128 feet
MLS Number
MREIS 1590551
Date Posted

Property taxes

2024
$15,586

This 0.25-acre property is located at 33 - 37 Montreal St in Portland, ME 04101. The property is currently available for sale for $2,490,000 with a price per acre of $9,960,000. Listing data is sourced from Maine Real Estate Information System # 1590551.

Verify sale details at the property source or contact Benchmark Real Estate at (207) 775-0248.

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

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