Malone Commercial Brokers is pleased to offer for sale a development parcel in Portland, Maine’s growing East Bayside neighborhood. The site is a former auto repair shop, located amidst new residential development and a number of popular restaurants and bars.
New owners will have the flexibility to realize many different commercial or low-impact industrial plans: general offices, research facilities, cannabis related operations, warehousing or storage, recreation or event spaces and much more.
New owners can bring their own building plans, but there is a Site Plan with proposed building on public sewer and water that has been approved. Zoning will allow for a 6,022± SF building, up to 45± feet high.
East Bayside is between Interstate 295, downtown Portland’s waterfront and Munjoy Hill, where some of the city’s newest, large residential developments are cropping up. East Bayside has an exciting urban mix of restaurants, industrial spaces, artist studios, single family homes and multi-units. The state’s single Whole Foods location is here, along with several popular breweries.
Sale price: $795,000
189 Anderson Street is listed by Mike Anderson of Malone Commercial Brokers in Portland. Please contact Mike at 207-358-7028; 207-318-5969 or mike@malonecb.com.
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