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Offered at $749,000Active
beds
—
baths
0
sq ft
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Built
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245 Anderson Street

Portland, ME 04101

About this home

Rare opportunity in the heart of Portland's vibrant East Bayside. 245 Anderson Street is an approximately 8,043 SF vacant parcel located in the city's B-1B zoning district, offering an exciting opportunity to explore the possibilities for a future project in one of Portland's most dynamic neighborhoods. The location is a standout—surrounded by the breweries, tasting rooms, coffee shops, restaurants and local makers that have made East Bayside one of Portland's most distinctive destinations. Washington Avenue, Munjoy Hill and the Eastern Promenade are all nearby, with Casco Bay, waterfront trails and some of Portland's best coastal scenery just minutes away. Downtown Portland and the Old Port are also easily accessible. Set within an established neighborhood that blends residential living with Portland's celebrated food, beverage and creative scene, 245 Anderson Street offers a unique chance to create something in a location where city energy and the Maine coast come together. The property is currently identified by the City of Portland as B-1B zoning. Any proposed use or development is subject to City zoning requirements, dimensional standards, site plan review, permitting and other applicable approvals. Interested parties should independently verify permitted uses and development feasibility with the City of Portland.

Listing last checked: Listing updated:

Listed by Listing Agent · Signature Homes Real Estate Group, LLC · MLS #1680510

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Details at a glance

Building1 property facts
Style
Other
Land & utilities4 property facts
Lot size
0.18 acres
Water
Public, None
Sewer
None, Public Sewer
Zoning
B-1B
Financial2 property facts
Annual taxes
$1,308
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $749,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,896 / monthAdjust
Principal & interest
$3,787
Property tax
$109
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,308. 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 245 Anderson Street

Can I request a private showing?

Request a tour of 245 Anderson Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.