About this home
Rare opportunity to acquire a 0.19± AC development site in Portland's East Bayside neighborhood with immediate access to I-295, downtown Portland, & Munjoy Hill Existing 1,635± SF, steel-constructed former auto repair shop Flexible B-5 (Urban Commercial) Zoning supports a dense mix of commercial, low-impact industrial, & residential uses Site plan approvals in place for a 5,665± SF flex building, while the property could also support up to 40 residential apartment units (confirm with City of Portland)
Listing last checked: Listing updated:
Listed by Listing Agent · The Boulos Company · MLS #1666700
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Details at a glance
Building2 property facts
- Style
- Unimproved Land
- Year built
- 1950
Land & utilities4 property facts
- Lot size
- 0.19 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B5
Financial2 property facts
- Annual taxes
- $5,006
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $745,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,184 / monthAdjust
- Principal & interest
- $3,767
- Property tax
- $417
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,006. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 189 Anderson Street
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