75 Somerset St, 59 Somerset St, 25 Somerset St, 0 Elm St
Property Description
The City of Portland has exclusively hired The Boulos Company to market the unique opportunity to purchase, lease, or otherwise develop a 3.5± acre tract of land in Portland's Bayside Neighborhood, separated into four parcels. The City will consider offers on one or multiple parcels. Recently changed zoning regulations allow for the construction of dense commercial housing, as well as other uses. Prime location near I-295's Franklin Arterial Exit and existing public transportation, walking distance to Whole Foods, Hannaford, and Trader Joe's. Located directly on the Bayside Trail. An RFP describing the selection process, transaction timeline, and the City's vision for these sites has also been published. Submitters are highly encouraged to engage directly with The Boulos Company for guidance through this process.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 3.47 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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