Rare mixed use, corner lot available on Rte 1 in Portland! Located on Veranda St and just off of 295, this location is accessible and convenient. Lot is level and flat. 5,004 sq ft +/-. B1B Zoning encourages ground floor retail/commercial use and residential units above. However, one may decide to build their dream home or developers may be interested in getting a bit more creative. Based on current square footage calculation, build up to 5 units. The LD 2003 could increase number of allowable units by 2.5X if you provide affordable units. It would be tight, but may be the perfect fit for a new 6 unit Multi-Family. Neighborhood amenities include public transit (bus stop right on the corner of Fayette and Veranda), local restaurants (Veranda Noodle Bar, Beals Ice Cream, Monte's), Back Cove, Mackworth Island, and the currently under development, Roux institute. Traffic count must be through the roof.
Closed
$175,000
157 Veranda Street, Portland, ME 04103
--beds
--baths
5,227.2Square Feet
Land
Built in ----
5,227.2 Square Feet Lot
$209,500 Zestimate®
$--/sqft
$2,946 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 23, 2025 at 09:18am
Listed by:
Keller Williams Realty sierra.curtis@beangroup.com
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1605246

Facts & features
Property
Parking
- Parking features: No Driveway, Off Street, On Street
- Has uncovered spaces: Yes
Lot
- Size: 5,227 sqft
- Features: Well Landscaped, Open Lot, Corner Lot, Level, Sidewalks, City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Details
- Parcel number: PTLDM432BG001001
- Zoning: B1-B
Utilities & green energy
- Electric: No Electric
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Road surface type: Paved