198 / 21 Oxford / Cedar Street, Portland, ME 04101

New Listing

$3,000,000

Property Type: Commercial Square Footage: 11,417 Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $3,000,000 List Date: 4/30/2026 Last Modified: 5/01/2026

Overview

Description

This rare four-parcel, .262-acre assemblage at the corner of Oxford and Cedar Street offers a unique opportunity in Portland's rapidly evolving Bayside district. The site currently includes existing residential structures and surface parking, providing immediate utility and flexibility while a buyer evaluates long-term plans. Surrounded by ongoing investment and redevelopment throughout Bayside, the property sits in an area well positioned for future growth. With its scale, configuration, and walkable downtown location, the highest and best use of this assemblage is a mixed-use or commercial development, subject to buyer due diligence and city approvals. The parcels offer strong potential for increased density, modern infill construction, and a project that aligns with the neighborhood's continued transformation. This is an exceptional opportunity for developers or investors seeking a strategically located footprint in one of Portland's most active growth corridors.

Listing Details MLS# 1659879

Location Information

Street #: 198 / 21
Street Name: Oxford / Cedar
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Leased Land: No
Book: 40144/39893/40427/40
Page: 73/58/346/344
Map: 26
Lot: 013/001/003/002
Zoning: RN-4
Zoning Overlay: Unknown
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 3000000

Property Information

Primary Use: Multi Family
Surveyed: Yes
SqFt Finished Total: 11417
Lot Size Acres +/-: 0.26

Water Info

Water Frontage: No
Water View: No

Utilities

Utilities On: Yes

Location

Downtown: Yes
Near Turnpike/Interstate: Yes

More Information

Property Uses

Bed & Breakfast: Yes
Commercial: Yes
Convenience Store: Yes
Development: Yes
Flex: Yes
Freestanding Building: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes
Unfinished: Yes

Foundation Materials

Brick/Mortar: Yes
Slab: Yes

Exterior

Vinyl Siding: Yes
Wood Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes
Hot Water: Yes
Zoned: Yes

Heat Fuel

Gas Natural: Yes

Floors

Tile: Yes
Vinyl: Yes
Wood: Yes

Building Features

Cable: Yes
Internet Access Available: Yes

Parking

5 - 10 Spaces: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Downtown; Near Turnpike/Interstate Construction: Wood Frame Property Uses: Bed & Breakfast; Commercial; Convenience Store; Development; Flex; Freestanding Building Basement: Full; Unfinished Foundation Materials: Brick/Mortar; Slab Exterior: Vinyl Siding; Wood Siding Roof: Shingle Heat System: Baseboard; Hot Water; Zoned Heat Fuel: Gas Natural Floors: Tile; Vinyl; Wood Building Features: Cable; Internet Access Available Parking: 5 - 10 Spaces Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Brochure ›

Deed Public Access ›

IDX

Listing Office: Keller Williams Realty

Last Updated: May - 01 - 2026

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.