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Listed by Michael Hamilton Keller Williams Realty
$ 3,000,000
Est. payment /mo
Active
198 / 21 Oxford / Cedar ST Portland, ME 04101
11,417 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,417 sqft
Price per Sqft $262
MLS Listing ID 1659879
HOA Y/N No
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Multi Family
Source Maine Listings
Land Area 11417
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
Interior
Heating Baseboard, Hot Water, Zoned
Flooring Tile, Vinyl, Wood
Equipment Internet Access Available, Cable
Exterior
Roof Type Shingle
Building
Water Public
Others
Tax ID Oxford / cedar
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