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  • $175,000

    157 Veranda Street, Portland, ME 04103

    --beds
    --baths
    5,227.2Square Feet
    Land
    Built in ----
    5,227.2 Square Feet Lot
    $298,200 Zestimate®
    $--/sqft
    $2,946 Estimated rent

    Home value

    $298,200

    $218,000 - $400,000

    $2,946/mo

    Zestimate® history
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    Rent Zestimate®

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    $886/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: June 23, 2025 at 09:18am

    Listed by:

    Keller Williams Realty sierra.curtis@beangroup.com

    Bought with:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1605246MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: No Driveway, On Street, Off Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 5,227 sqft
    • Features: Business District, City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Corner Lot, Level, Open Lot, Sidewalks, Landscaped
    Details
    • Parcel number: PTLDM432BG001001
    • Zoning: B1-B

    Utilities & green energy

    • Electric: No Electric
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/20/2025Sold$175,000-12.1%
    Source: Maine Listings #1605246
    6/4/2025Pending sale$199,000
    Source: Maine Listings #1605246
    5/27/2025Contingent$199,000
    Source: Maine Listings #1605246
    5/6/2025Price change$199,000-11.6%
    Source: Maine Listings #1605246
    9/27/2024Listed for sale$225,000-23.7%
    Source: Maine Listings #1605246

    Public tax history

    YearProperty taxesTax assessment
    2024$5,732 $397,800
    2023$5,732 +5.9%$397,800
    2022$5,414 -7.2%$397,800 +58.9%

    Find assessor info on the county website

    Neighborhood: East Deering

    Nearby schools

    GreatSchools rating