Bought with Kari Hodgens Portside Real Estate Group
$175,000
$199,000
12.1%For more information regarding the value of a property, please contact us for a free consultation.
157 Veranda ST Portland, ME 04103
5,227 Sqft Lot
Key Details
Sold Price $175,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1605246
Sold Date 06/20/25
HOA Y/N No
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Source Maine Listings
Property Description
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.
Location
State ME
County Cumberland
Zoning B1-B
Direction Lot is located on the corner of Veranda and Fayette Street.
Building
Lot Description Business District
Water Public
Others
Tax ID PTLD-000432-G000001-000001
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