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About the Listing 2698 - 009631,009700
DEVELOPMENT OPPORTUNITY: Entitled 8-Unit Site in Portland's Coveted West End -- 100% Inclusionary Zoning (IZ) Exempt. Avoid the multi-year planning hurdles. This premium corner parcel is sold fully de-risked and conceptually entitled, packaged with a formal Zoning Summary Memorandum (Perkins Thompson) validating a full 8-unit build, alongside an architectural massing study (Kaplan Thompson Architects). By staying under the city's 10-unit threshold, this project is entirely exempt from Portland's strict Inclusionary Zoning mandates, affordable housing quotas, and fee-in-lieu penalties. Unmatched natural topography unlocks spectacular, unobstructed inner harbor and active boatyard views that begin directly from the ground-level grass and expand into a panoramic sweep from the upper floors and potential 45-foot rooftop deck. The site sits entirely outside the Historic Overlay District, and the natural downhill slope perfectly accommodates street-level, tucked-under parking to drastically minimize excavation costs.
Listing Highlights
Status
Active
Days on Site
48
Property Type
Vacant Land
MLS ®
1659152
Year Built
Total Square Footage
0
Lot/Acreage
0.14
County
Cumberland
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: None
Exterior Details
- Lot Description: Intown,Near Shopping,Neighborhood,Corner Lot,Open Lot
- Garage Capacity: N/A
- Zoning: RN-4
- Roof:
- Others:
- Sewer: None
- Parking Features: No Driveway
Financial Details
- Tax Amount: $3,683
- Taxes w/Assessments: N/A
- Tax/Property ID: PTLD-000057-H000001-000001
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
7 Orange St Portland, ME 04102
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