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$175,000
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Property Description
Rare mixed use, corner lot available on Rte 1 in Portland! Located on Veranda St and just off of 295, this location is accessible and convenient. Lot is level and flat. 5,004 sq ft +/-. B1B Zoning encourages ground floor retail/commercial use and residential units above. However, one may decide to build their dream home or developers may be interested in getting a bit more creative. Based on current square footage calculation, build up to 5 units. The LD 2003 could increase number of allowable units by 2.5X if you provide affordable units. It would be tight, but may be the perfect fit for a new 6 unit Multi-Family. Neighborhood amenities include public transit (bus stop right on the corner of Fayette and Veranda), local restaurants (Veranda Noodle Bar, Beals Ice Cream, Monte's), Back Cove, Mackworth Island, and the currently under development, Roux institute. Traffic count must be through the roof.
Full Property Details
Full Property Details for 157 Veranda St
General
- Sold For: $175,000
- Taxes: $1 (2023)
- Status: Closed
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1605246
- Added to Site: 386 day(s) ago
Parking
- Parking Features: No Driveway, Off Street, On Street
Location
- County: Cumberland
Community
- Pets Allowed: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Size Source: Survey
- Zoning: B1-B
- Lot Description: Well Landscaped, Open, Corner Lot, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Financial Considerations
- Tax Amount: $1
- Tax Year: 2023
Disclosures and Reports
- Lot Number: G001
Listed by Keller Williams Realty (207) 879-9800
Sold by Portside Real Estate Group (207) 536-4222
Get Pre-Approved Today
Schools
Schools serving 157 Veranda St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Presumpscot School 69 Presumpscot Street, Portland, ME 04103 | K-5 | 0.3 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Veranda St
Date
Details
Price
Change
Source
6/20/2025
Sold
$175,000
-12.06%
MLS
5/05/2025
Price Reduced
$199,000
-11.56%
MLS
9/27/2024
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
157 Veranda Street, Portland, ME 04103 (MLS# 1605246) is a Lots/Land property that was sold at $175,000 on June 20, 2025. Want to learn more about 157 Veranda Street? Do you have questions about finding other Lots/Land real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

