231-227 Western Promenade, Portland, ME 04102 (MLS# 1518364)

231-227 Western Promenade, Portland, ME 04102

$4,850,000
Property Type: Multi-Family Square Footage: 22,303 Lot Size (sq. ft.): 48,352 Status: Closed
Current Price: $4,850,000 List Date: 1/21/2022 Last Modified: 1/10/2025

Overview

Description

Prime real estate on the edge of Portland's Western Promenade that consists of three (3) residential properties uniquely tailored for residential redevelopment. These historic buildings with unique detailed craftsmanship are a rare opportunity in the area! Enjoy the stunning westerly views of Mt. Washington along with direct views of South Portland over the promenade. This property is also associated with additional deed and assessor references: 112 West Street: Book 2529 Page 63 Block E Lot 1. 231 Western Prom: Book 2794 Page 281 and Map 63 Block E Lot 3 and 4 1. Also note the total square footage outlined is the total for both properties.

Listing Details MLS# 1518364

Location Information

Street #
231-227
Street Name
Western
Street Type
Promenade
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04102
Leased Land
No
Book
2794
Page
281
Map
63
Block
E
Lot
3
Zoning
R4
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
Yes
Tax Year
2022

Contract Information

Original List Price
4495400

Property Information

Surveyed
Unknown
Seasonal
Unknown
Year Built
1898
SqFt Finished Above Grade
22303
SqFt Finished Total
22303
Garage
No
Lot Size Acres +/-
1.11
Source of Acreage
Public Records

Status Change Info

Pending Date
2022-02-04
Closed Date
2022-03-15
Closed Price
4850000

Water Info

Waterfront
No
Water View
No

Utilities

Utilities On
Yes

More Information

Property Features

Site: Corner Lot; Other Site; Sidewalks Location: Intown Roads: Paved; Public Style: Colonial Construction: Other; Wood Frame Basement: Other Basement Entry: Not Applicable Exterior: Brick Roof: Other; Slate Heat System: Forced Air; Hot Water Heat Fuel: Oil Water Heater: Electric Cooling: None Floors: Carpet; Vinyl; Wood Driveway: Gravel; Other Parking: On Site; On Street Vehicle Storage: No Vehicle Storage Electric: Other Electric; Three Phase Gas: No Gas Sewer: Public Sewer Water: Public
IDX
Listing Office: Malone Commercial Brokers, Inc.
Selling Office: Waypoint Brokers Collective
Last Updated: January - 10 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.