Property Description

EAST END - PORTLAND, MAINE 43 St. Lawrence Street, Portland, MERare East End Redevelopment Lot A unique opportunity to build on Munjoy Hill in Portland's highly desirable East End Historic District. This 5,663 sq ft (0.13 acre) lot once held a three-story, four-unit residential building with two small commercial spaces, which was lost to fire. The site is being cleared and will be delivered as land only.Zoned R6 with a 45' height limit, the property supports multi-unit residential development and offers excellent potential for new construction in a neighborhood where open lots are extremely limited. A charming cobblestone street borders the depth of the lot, providing character and the possibility for off-street parking or a private rear outdoor area.Located steps from Portland's waterfront, the Eastern Prom, neighborhood markets, cafés, boutiques, and the Old Port, this site offers exceptional walkability and strong long-term value. The area is known for its vibrant arts scene, coastal views, and access to parks, trails, and beaches, creating an appealing lifestyle for future residents.The property is also just a short distance from the emerging Portland Foreside district, featuring Fore Points Marina, planned waterfront residences, hotel, retail, and a Market Hall in an 1857 warehouse. This major development is expected to enhance the entire East End and support continued demand for quality housing.Offers: Listed price is a suggested starting point based on the City of Portland's assessed value. Seller reserves the right to accept or reject any and all offers. Sale is not final until a fully executed Purchase & Sale Agreement is in place. Serious inquiries only. Property may be viewed from the street at any time.

Property Features