Malone Commercial Brokers is pleased to offer for sale a 33.17-acre development parcel in Portland’s North Deering neighborhood. While possible to reactivate as a care facility, potential new development in these zones (RN1 and RN3) includes multifamily or single-family homes or dormitories.
Located at 1133 Washington Avenue, this site was formerly known as St. Joseph’s Manor, a healthcare campus with an 83,000± SF facility at the center of a sprawling wooded lot surrounded by homes in the city’s densest residential neighborhood. Less than three miles to downtown Portland, the site is also quickly accessible from Interstate 295 to the east, with Interstate 95 a little further to the west.
The current facility structure has 100± resident rooms, a large atrium, central dining area and specialty care rooms, and an additional 6,000± SF chapel and auditorium. Various concept plans allow for renovation or demolition of the care facility and show potential from 86± new single-family units or up to 344± new four-family units. Additional accessory dwelling units are permitted, depending on final configuration.
Sale price: $9.85 million
For questions and inquiries, please contact Joe and Mark Malone of Malone Commercial Brokers in Portland.
Joe Malone, CCIM | 207.773.2554 | joe@malonecb.com
Mark Malone, CCIM | 207.773.6000 | mark@malonecb.com
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