Active

30-32 Atlantic Street

Portland ME, 04101

$795,000


Active

0.12 Acres

Land

Courtesy of Benchmark Real Estate

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.

1546746

MLS ID

March 16, 2024

Updated

Map

30-32 Atlantic Street
Portland ME, 04101

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad


Sewer

Public Sewer

Other Property Details

Taxes

$6,742


Tax Frequency

Annually


Garage

No


Parking

5 - 10 Spaces, Other, On Site


View

No


County

Cumberland


Water Source

Public


Pool

No


Zoning

R6


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/2/2024

Price Change

$795,000

-3%

1/26/2024

Price Change

$819,000

-4%

1/9/2024

Price Change

$845,000

-6%

Listing Contact: 207-775-0248

Courtesy of  Benchmark Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Blue Lobster Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:38 AM UTC, 3/16/2024

 

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