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Listed by Michael Hamilton Keller Williams Realty
$ 750,000
Est. payment /mo
Active
21 Cedar ST Portland, ME 04101
2,226 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,226 sqft
Price per Sqft $336
MLS Listing ID 1660366
HOA Y/N No
Year Built 1874
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Investment
Source Maine Listings
Land Area 2226
Property Description
This rare four-parcel, .262-acre assemblage at the corner of Oxford and Cedar Street offers a unique opportunity in Portland's rapidly evolving Bayside district. The site currently includes existing residential structures and surface parking, providing immediate utility and flexibility while a buyer evaluates long-term plans. Surrounded by ongoing investment and redevelopment throughout Bayside, the property sits in an area well positioned for future growth.
With its scale, configuration, and walkable downtown location, the highest and best use of this assemblage is a mixed-use or commercial development, subject to buyer due diligence and city approvals. The parcels offer strong potential for increased density, modern infill construction, and a project that aligns with the neighborhood's continued transformation. This is an exceptional opportunity for developers or investors seeking a strategically located footprint in one of Portland's most active growth corridors.
With its scale, configuration, and walkable downtown location, the highest and best use of this assemblage is a mixed-use or commercial development, subject to buyer due diligence and city approvals. The parcels offer strong potential for increased density, modern infill construction, and a project that aligns with the neighborhood's continued transformation. This is an exceptional opportunity for developers or investors seeking a strategically located footprint in one of Portland's most active growth corridors.
Location
State ME
County Cumberland
Zoning RN-4
Exterior
Parking Features Other Parking
Others
Tax ID PTLD-000026-C000013-000001
Nearby Locations
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Gina Lindsay
Broker Associate | License ID: BA926616
+1(207) 356-9606 | ginalindsayrealtor@gmail.com