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33 - 37 Montreal StreetPortland, ME 04101Price: $2,490,000

  • Price: $2,490,000
  • 30 Days on Market
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,490,000List Price
  • 0.25Acreage

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Listed by Benchmark Real Estate
The combined lots at 33-37 Montreal St represent one of the most compelling development opportunities in Maine and beyond. This elevated and gently sloping site offers expansive Casco Bay views on one of the East End's quietest yet most convenient streets. This part of Munjoy Hill is open, airy, inviting and equi-distant from Eastern Promenade recreation and inner Washington Ave breweries, boutiques, bakeries and more. Located in Portland's most generous residential zone (R6), you can build to 45' in height (from this height you have a near 360* view from sunrise to sunset, ocean to mountains and even city skyline) up to 14 market rate or 35 affordable units. The corner lot allows for zero setbacks on two sides and tremendous flexibility on design from townhouse and small houses to high rise. The owners have done a significant amount of pre-work from survey and geotechnical to engaging one of the area's most respected architectural firms; Kaplan Thompson. Documents are available and this team is posted and ready to field questions or help move your idea to occupancy.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Black Bear Realty participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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