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509 Ocean Ave - Office Building with Excess Land 1.53 Acres of Commercial Land Offered at $1,556,116 CAD in Portland, ME 04103
Executive Summary
Free-standing, two-story office building on 1.53± acres on Ocean Avenue
Excess RN-3 zoned land offers potential for future residential expansion or redevelopment, permitting up to four-family dwellings on lots as small as 5,000± SF
Efficient two-floor layout featuring a welcoming reception area, eight private offices, two restrooms, a conference room, and a kitchenette/breakroom
Ideally located just 450± feet from Payson Park, offering amenities such as a disc golf course, tennis courts, ice skating, walking trails, and a community garden
Excellent natural light with windows in every office
Excess RN-3 zoned land offers potential for future residential expansion or redevelopment, permitting up to four-family dwellings on lots as small as 5,000± SF
Efficient two-floor layout featuring a welcoming reception area, eight private offices, two restrooms, a conference room, and a kitchenette/breakroom
Ideally located just 450± feet from Payson Park, offering amenities such as a disc golf course, tennis courts, ice skating, walking trails, and a community garden
Excellent natural light with windows in every office
Property Facts
| Price | $1,556,116 CAD | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.53 AC |
| Zoning | B-1 & RN-3 - Neighborhood Business & Neighborhood Residential | ||
| Price | $1,556,116 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.53 AC |
| Zoning | B-1 & RN-3 - Neighborhood Business & Neighborhood Residential |
1 Lot Available
Lot
| Price | $1,556,116 CAD | Lot Size | 1.53 AC |
| Price Per AC | $1,017,069.47 CAD |
| Price | $1,556,116 CAD |
| Price Per AC | $1,017,069.47 CAD |
| Lot Size | 1.53 AC |
Excess RN-3 zoned land offers potential for future residential expansion or redevelopment, permitting up to four-family dwellings on lots as small as 5,000± SF
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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509 Ocean Ave - Office Building with Excess Land
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