32 Melbourne Street, Portland, ME 04101

$849,000
Property Type: Commercial Square Footage: 1,617 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $849,000 List Date: 1/31/2026 Last Modified: 3/05/2026

Description

NOT in Historic District | Prime for 5 Unit Development. Tucked away on one of Munjoy Hill's most peaceful streets, 32 Melbourne Street captures the essence of Portland's East End—connected, calm, and full of character. The home's original lines remain beautifully intact, while the lot itself is open, sunny, and inviting. The home offers just over 1,600 square feet with three bedrooms and one full baths. It's comfortable and move-in ready, yet the real story here is one of potential and possibility. Sitting on a 0.0844-acre lot—approximately 3,675 square feet—in Portland's desirable RN4 zone, the property holds special development appeal. In this zone, just 725 square feet of lot area are required per dwelling unit, meaning this site could support up to five residential units. Attention developers: this is a rare opportunity for a quality-minded multi-family owner, investor, or visionary builder to create a purposeful condominium or small-scale residential project for resale or personal use. Because the property lies outside the constraints of the historic district, you have freedom to restore, expand, or reimagine without limitation. Imagine living just steps from Maine's bold coast, one block from the Olmsted-designed East End Park with its tennis courts, ball fields, community gardens, walking paths, and sandy beach. You're connected by trails to Back Cove and the Old Port and just moments from Washington Avenue and East Bayside's lively mix of shops, breweries, and boutiques. The location offers both serenity and access—walkable to downtown Portland, the working waterfront, and near major employers and the forthcoming Root Institute across the bridge. From the upper floors, enjoy sweeping, open ocean and inner Casco Bay views stretching across the islands, with potential for panoramic vistas toward Mount Washington and the western mountains. Whether you honor the home's timeless charm or develop something entirely new, opportunities abound.

Supplements: ********

More Information MLS# 1650823

Location Information

Book: 36573 Leased Land: No Page: 100 Map: 14 Block: L Lot: 4 Zoning Overlay: No Entrance Fee: 0 Tree Growth Y/N: No Association Y/N: No Street #: 32 Street Name: Melbourne Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 2726 Zoning: RN-4 Full Tax Amount $: 9623.53 Tax Year: 2026 Neighborhood Association: East End Geo Lat: 43.669179 Geo Lon: -70.248625

Property Information

Primary Use: General Commercial Surveyed: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No Lot Size Acres +/-: 0.08 Year Renovated +/-: 0 Tenancy: Single Tenant Leases: Yes Road Frontage +/-: 40 Total # Floors: 0 Year Built: 1900 SqFt Finished Total: 1617

Location

Downtown: 1 Near Airport: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Public Transport Access: 1 Rail Available: 1 Suburban: 1 Water View: 1

Water Info

Water Frontage: No Water View: No

Property Uses

Development: 1 Freestanding Building: 1

Water Body Type

Harbor: 1 Ocean: 1

Recreational Water

Nearby: 1 Oceanfront: 1 Public: 1

Construction

Wood Frame: 1

Basement

Full: 1 Unfinished: 1

Foundation Materials

Brick/Mortar: 1

Exterior

Vinyl Siding: 1

Roof

Pitched: 1 Shingle: 1

Heat System

Baseboard: 1 Forced Air: 1 Hot Water: 1

Heat Fuel

Gas Natural: 1 Oil: 1

Cooling

None: 1

Floors

Laminate: 1 Linoleum: 1 Wood: 1

Building Features

Air Radon Mitigation System: 1 Cable: 1 Internet Access Available: 1 Storage: 1

Parking

1 - 4 Spaces: 1 Off Street: 1 On Site: 1 Paved: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

Natural - At Street: 1

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Active Original List Price: 1195000 List Price: $849,000 Current Price: $849,000

Property Features

Location: Downtown; Near Airport; Near Shopping; Near Turnpike/Interstate; Public Transport Access; Rail Available; Suburban; Water View Water Body Type: Harbor; Ocean Recreational Water: Nearby; Oceanfront; Public Construction: Wood Frame Property Uses: Development; Freestanding Building Basement: Full; Unfinished Foundation Materials: Brick/Mortar Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Forced Air; Hot Water Heat Fuel: Gas Natural; Oil Cooling: None Floors: Laminate; Linoleum; Wood Building Features: Air Radon Mitigation System; Cable; Internet Access Available; Storage Parking: 1 - 4 Spaces; Off Street; On Site; Paved Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public
Listing Office: Benchmark Real Estate
IDX
Last Updated: March - 05 - 2026
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