# 245 Anderson Street, Portland, ME 04101

> **TL;DR:** land, $749,000. Est. $4,005/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $749,000 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,787 |
| Estimated Insurance | $218 |
| **Total** | **$4,005** |

## Property Highlights

- 0.18 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 245 Anderson Street, Portland, ME 04101
- **County:** Cumberland
- **Coordinates:** 43.670973, -70.256251
- **Google Maps:** https://www.google.com/maps?q=43.670973,-70.256251

## Listing Agent

- **Name:** Jennifer Fecteau
- **Brokerage:** Signature Homes Real Estate Group
- **Broker Phone:** (207) 730-3071
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/245-Anderson-St_Portland_ME_04101_M91668-63326?f=listhub&s=MREISME&m=1680510&c=propsimple)

## Photos

![245 Anderson Street - Photo 1](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f342358750r.jpg)

![245 Anderson Street - Photo 2](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f1438153128r.jpg)

![245 Anderson Street - Photo 3](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f1586615716r.jpg)

![245 Anderson Street - Photo 4](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f1145291504r.jpg)

![245 Anderson Street - Photo 5](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f2330300735r.jpg)

![245 Anderson Street - Photo 6](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f1962999166r.jpg)

![245 Anderson Street - Photo 7](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f1124484071r.jpg)

![245 Anderson Street - Photo 8](http://lh.rdcpix.com/9b03b30bc0fa8f0cc446fd5a6edcc9e3l-f3017227598r.jpg)

---

**MLS#:** 1680510 | **Updated:** 2026-10-19
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/245-anderson-street-portland-me-04101-2e99894d8ffc4c46a593ecd5f951b44d)

---

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