Bought with CORE
$550,000
$645,000
14.7%For more information regarding the value of a property, please contact us for a free consultation.
38-42 Winter ST Portland, ME 04102
7,840 Sqft Lot
Key Details
Sold Price $550,000
Property Type Land
Listing Status Sold
MLS Listing ID 1609891
Sold Date 01/24/25
HOA Y/N No
Annual Tax Amount $4,309
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Source Maine Listings
Property Description
Incredible opportunity to own or develop a prime lot in the West End of Portland. This is located in an R6 zone in the Historic District. Currently being used as a parking lot with 23 spaces with a lease in place through March 31, 2027 with a 90 day termination option. Public Water, Sewer, Telephone, Cable and Natural Gas at street. Seller intends a deed restriction that does not impede future full property development within R6 zoning parameters. The restriction specifies no building within 14ft. of the adjacent building at 44 Winter to preserve rooftop solar panel generation. Seller has commissioned a local architect's drawings illustrating how this can work. Attachments include a development study for R6 zoning.
Location
State ME
County Cumberland
Zoning R6
Exterior
Parking Features 21+ Spaces, Paved
Utilities Available 1
View Y/N No
Street Surface Paved
Building
Lot Description Open, Level, Sidewalks, Historic District, Intown, Neighborhood
Sewer Public Sewer
Water Public
Others
Restrictions Yes
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