Prime Development - Corner of Washington & Cumberland Avenue Portland, ME

Property Location MAP

106-108 Cumberland Avenue
15 Washington Avenue
Portland, ME 04101

Property #: AP202020

Preview Times


No access at this time. Will provide dates when available.

Contact Agent

Mike Carey CAI
Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com
Premium location in the heart of the East End. 0.25+/- acre parcel at the corner of Washington & Cumberland Avenues - confluence of Restaurant Row, Munjoy Hill and East Bayside. This is Portland, Maine at its finest! Currently improved by 4-unit, single family and small accessory building.

READY FOR YOUR DEVELOPMENT! Portland has been featured and highlighted in a multitude of articles and "TOP..." lists including:

https://www.thrillist.com/travel/nation/portland-maine-vacation-planner-trip-itinerary-travel-guide
https://www.rollingstone.com/music/music-features/portland-maine-music-scene-938214/
https://www.cntraveler.com/gallery/best-things-to-do-in-portland-maine
https://www.thekitchn.com/portland-maine-is-the-best-small-city-for-food-lovers-246341
https://www.thrillist.com/travel/nation/best-small-cities-in-america-to-visit https://www.bonappetit.com/story/portland-maine-city-of-the-year-2018
Additionally, there is tremendous investment in the Portland Peninsula including:
https://www.nytimes.com/2020/01/27/business/economy/portland-maine-economy.html

Michael B. Carey - ME AUC Lic. 1466 | Thomas W. Saturley - ME RE Lic. #DB112447

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Mike Carey CAI

Mike Carey CAI: Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: None.
  • Closing: 45-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: $50,000, in certified funds. Deposit to be increased to ten percent (10%) of purchase price within five (5) business days of auction.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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