157 Veranda ST

Portland,ME 04103

$ 199000

- Bed

0 Bath

- SqFt


Key Details

Property Type Land

Listing Status Active Under Contract

MLS Listing ID 1605246

Annual Tax Amount $1

Tax Year 2023

Lot Size 5,227 Sqft

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

Exterior

Parking Features No Driveway,Off Street,On Street

View Y/N No

Building

Lot Description Well Landscaped,Open,Corner Lot,Level,Sidewalks,Intown,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood

Sewer Public Sewer

Water Public

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