Rare opportunity in the heart of Portland's vibrant East Bayside. 245 Anderson Street is an approximately 8,043 SF vacant parcel located in the city's B-1B zoning district, offering an exciting opportunity to explore the possibilities for a future project in one of Portland's most dynamic neighborhoods. The location is a standout—surrounded by the breweries, tasting rooms, coffee shops, restaurants and local makers that have made East Bayside one of Portland's most distinctive destinations. Washington Avenue, Munjoy Hill and the Eastern Promenade are all nearby, with Casco Bay, waterfront trails and some of Portland's best coastal scenery just minutes away. Downtown Portland and the Old Port are also easily accessible. Set within an established neighborhood that blends residential living with Portland's celebrated food, beverage and creative scene, 245 Anderson Street offers a unique chance to create something in a location where city energy and the Maine coast come together. The property is currently identified by the City of Portland as B-1B zoning. Any proposed use or development is subject to City zoning requirements, dimensional standards, site plan review, permitting and other applicable approvals. Interested parties should independently verify permitted uses and development feasibility with the City of Portland.
Vacant landProperty Type
7,840 sq ftLot Size
$96Price/Sq.Ft.
Listed by Jennifer Fecteau• Signature Homes Real Estate Group, LLC
Listed by Katherine Azimi Ashley Lutkoff• Signature Homes Real Estate Group, LLC
East Bayside, located between Back Cove and Munjoy Hill, is a waterfront and industrial Portland neighborhood with working piers and warehouse blocks. The neighborhood’s character concentrates along Washington Avenue near Fox Street, where tasting rooms, coffee counters, and small studios line the old brick-and-metal storefronts. Community pillars include Lone Pine Brewing Company, Goodfire Brewing Co., and the Portland Food Co-op. Converted warehouses and newer mid-rise buildings give the streets a utilitarian, design-forward look. Bayside Trail paths and pocket parks stitch the district to the water and downtown. The daily rhythm mixes dockside activity with a steady stream of cyclists and pedestrians.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Interior features
Intown location
Near turnpike/interstate
Neighborhood setting
Wooded surroundings
Water view of Back Cove
Exterior features
Paved road access
Located in the East Bayside subdivision
Bay water frontage (Back Cove)
Home design
Zoned B-1B
Parking
No driveway
Utilities
No electric service
Public water
Public sewer
Sale and tax history for 245 Anderson St
Sale History
Tax History
Date
Event
Price
MREIS #1680510
Sep 14, 2026
Listed
$749,000
MREIS #1428237
Aug 7, 2019
Listed
$479,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Vacant Land
County
Cumberland County
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Last updated by owner on Aug 7, 2019.
Historical weather
Portland, ME • 04101
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Sun exposure
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 245 Anderson St
$739,685
$9,315 under list price of $749K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $525K to $750K.