For Sale
$2,200,000

57 Neal StPortland, ME 04102

11,206 SF, 0.68 acres, prime location

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional mixed-use property presents a rare investment opportunity in Portland, Maine's vibrant West End. The 11,206 square foot building, constructed in 1914 and renovated in 1967, sits on a 0.678-acre lot and includes a 31-space parking lot. Currently zoned R6 – West End Historic District, the property offers significant redevelopment potential. Approximately one-third of an acre of excess land provides an exceptional infill development opportunity. The property's location is highly desirable, situated directly adjacent to downtown Portland. The building's history, combined with its prime location and substantial lot size, makes this a unique offering for adaptive reuse or new construction. The current zoning is R6, with proposed future zoning under Portland ReCode planning to be RN-4. This is a remarkable chance to acquire a piece of Portland history, offering both immediate income potential and long-term development upside. The property is being offered for sale by the current owner, the First Church of Christ, Scientist of Portland, for the first time in over a century. The APN is 62/B/14. This is a truly exceptional opportunity.

Highlights

  • Exceptional mixed-use investment opportunity in Portland, Maine's West End.
  • 11,206 square foot building on a 0.678-acre lot with 31 parking spaces.
  • Currently zoned R6 (West End Historic District), with potential for redevelopment under proposed RN-4 zoning (Portland ReCode).
  • Significant infill development potential due to approximately one-third acre of excess land.
  • Prime location adjacent to downtown Portland, offering immediate income and long-term development upside.

Property Details for 57 Neal St

Property type
Churches & religious facilities, Mixed-use properties
Square Feet
11,206 SF
Class
A
Year Built/Renovated
1914/1967
Lot Size (sq. ft)
29,534 SF

Location Insight

City
Portland
County
Cumberland
State
Maine
Latitude
43.648776884379
Longitude
-70.271929920959
57 Neal St, Portland, Maine

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
57 Neal St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message