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Property Facts

Price $2,763,554 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Office
Total Lot Size 1.03 AC
Opportunity Zone Yes
Zoning PO

1 Lot Available

Lot

Price $2,763,554 CAD
Price Per AC $2,683,061.86 CAD
Lot Size 1.03 AC

Description

4.99± acre commercial development opportunity located within the Sable Oaks campus at 505 Sable Oaks Drive in South Portland, Maine. The property offers a rare chance to develop a signature office, medical, or life science facility in one of Greater Portland’s most established business corridors. The site includes conceptual plans for a three-story Class A building totaling up to 50,000 SF, designed with approximately 225 parking spaces and strong visibility along Sable Oaks Drive. The parcel is zoned CS – Suburban Commercial, allowing for a range of professional, medical, and institutional uses. Strategically positioned minutes from I-95, I-295, the Maine Mall, and the Portland International Jetport, the location provides excellent regional accessibility while benefiting from the surrounding Sable Oaks corporate campus environment. This offering represents a unique opportunity for a developer, owner-occupant, or institutional user to deliver a high-quality commercial project in a proven and supply-constrained submarket. Investment highlights - 4.99± Acre Development Site - Up to 50,000 SF Build Potential - CS – Suburban Commercial Zoning - 536'± Frontage on Sable Oaks Drive - Conceptual Plan with 225 Parking Spaces - Minutes to I-95, I-295, Maine Mall, and Portland Jetport

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 39931539

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 505 Sable Oaks, South Portland, ME 04106

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