Developers Take Notice! 1.9 +/- Acre Lot in Back Cove

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 30258958
Property Subtypes: Office, Residential (Single Family), Retail, Other
Gross Land Area: 1.90 Acres
Sale Price: $775,000
Unit Price: $407,894 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/17/2018

Overview / Comments

Cardente Real Estate is pleased to offer for sale a 1.9± acre premier development lot at 509 Ocean Ave in the heart of Portland’s back cove neighborhood. This land is currently improved by a 2,254± square foot office building with a flexible floorplan that could accommodate many uses. Located seconds from I-295 with close proximity to schools, shopping, and sports fields, this site is ideal for residential development. Please contact listing broker for additional information.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_163 E002
Zoning: COMMERCIAL
Site Description: Cardente Real Estate is pleased to offer for sale a 1.9± acre premier development lot at 509 Ocean Ave in the heart of Portland’s back cove neighborhood. This land is currently improved by a 2,254± square foot office building with a flexible floorplan that could accommodate many uses. Located seconds from I-295 with close proximity to schools, shopping, and sports fields, this site is ideal for residential development. Please contact listing broker for additional information.
Lot Frontage: 370' +/-
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,837 71,790 116,242
Median Age: 40.75 37.77 39.18
Households: 5,930 33,275 52,053
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.