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Faits saillants de l'investissement

  • Exceptional location with heavy traffic
  • Alongside bus stop
  • Minutes to airport, shopping and more
  • Multiple development and income producing possibilities

Résumé de l'annonce

Rare Development Opportunity – Congress Street | Portland, Maine - Seconds from the Airport
Don’t miss this unique development opportunity on highly traveled Congress Street, just seconds from Portland International Jetport, Maine Mall, Unum, major medical facilities, and downtown Portland.
This offering includes two contiguous lots totaling approximately 0.7± acres, with zoning with the possibility that allows for multiple development possibilities.
Property lines in pictures are approximations as a guide. Actual property lines should be confirmed.

Property lines in photos are estimates
Property Highlights:
Prime Congress Street frontage
Potential secondary egress onto road in rear of property
Three existing curb cuts/driveway entrances
Existing income in possible with rental units on both ends of the property
Two garages on site
Flexible site layout ideal for infill development
Development Concepts (Examples):
Retain existing houses for income, remove garages, and develop a medical building, dental office, or professional services building in the center
Mixed-use configuration
Owner-user with income offsets
Phased development approach
Existing rentals could potentially carry a significant portion of the mortgage, reducing holding costs during development.
Investment Structure Flexibility:
Discounted pricing for purchase of both lots together
Potential for individual lot sale
Seller financing available
Seller open to development partnership
This is a rare infill opportunity in a high-demand commercial corridor with existing income, multiple access points, flexible zoning, and proximity to Portland’s strongest employment and retail drivers.
Has a few potential rentals on the ends of the property and has 2 garages etc1 possibility would be keep the houses and tear down garages and put a medical building or dental office in the center. Houses would pay for the mortgage on the property depending. Discounted for sale of 2 lots. 1 lot could possibly be purchased on its own.
Seller financing available. Willing to possibly partner on development.

Faits sur la propriété

Prix 897 455 $ à 1 794 910 $ CAD
Type de vente Investissement
Nombre de lots 2
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée
Unités d’appartements
  • Unités d’appartements - Condo
  • Unités d’appartements - Dortoirs
  • Unités d’appartements - Aînés
  • Appartements subventionnés
  • Banque
Taille totale du lot 0,70 AC
Nombre d’étages 1
Zonage R-P

2 Lots disponibles

Lot 1967

Prix 897 455 $ CAD
Prix par AC 2 425 554,04 $ CAD
Taille du lot 0,37 AC

Dual-Lot Development Opportunity — Seconds from PWM A Two lots totaling .7+/- acres with possible zoning that allows for multiple development possibilities. Commision offered for agent/transaction broker who brings buyer and completes transaction.

Lot 1955

Prix 897 455 $ CAD
Prix par AC 2 719 560,59 $ CAD
Taille du lot 0,33 AC

REDUCED! Two lots totaling .7+/- acres with zoning that possibly allows for multiple development possibilities. 2 homes and 2 garages. May separate properties. Possibility to sell one lot on its own. Partnership possibilities!

Description

Deux lots totalisant environ 0,7 acres avec un zonage permettant plusieurs possibilités de développement.

Impôts fonciers

Impôts fonciers

Numéros de lot
Plusieurs
  • PTLD-000216-000000-A011001
  • PTLD-000216-000000-A003001
Évaluation du terrain
234 305 $ CAD
Évaluation des bâtiments
480 207 $ CAD
Évaluation totale
714 512 $ CAD
  • ID d’inscription: 37520563

  • Date de mise sur le marché: 2025-09-03

  • Dernière mise à jour:

  • Adresse: 1955-1967 Congress St, Portland, ME 04102

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