5 Gould Street, Portland, ME 04101

$375,000
Property Type: Land Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $375,000 List Date: 2/25/2026 Last Modified: 3/17/2026

Overview

Description

Welcome to 5 Gould Street. Located in the heart of vibrant East Bayside, this ideally positioned B-1 land parcel offers zero setbacks, unlimited density, and a 55 foot maximum height allowance. Gould Street is a quiet two block dead end with outstanding development potential. Current zoning allows approximately 2,179 square feet per floor across an estimated five to six stories. A wide range of uses may be permitted including multi-family housing, hostel, live work spaces, bed and breakfast, restaurant, artist studios, and more. With no minimum lot size requirement, the parcel may also offer subdivision flexibility. Enjoy a short walk to some of Portland's best restaurants, breweries, coffee shops, and local amenities. East Bayside continues to grow as one of the city's most exciting neighborhoods, and 5 Gould Street sits right at the center of it all.

Listing Details MLS# 1652183

Location Information

Street #
5
Street Name
Gould
Street Type
Street
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04101
Book
41097
Page
201
Map
10
Lot
A29
Zoning
B1
Zoning Overlay
No
Association
No
Full Tax Amount $
3488.58
Tax Year
2026
Tree Growth Y/N
No

Contract Information

Original List Price
375000
List Price/Acre
7500000

Property Information

Surveyed
Yes
Seasonal
No
Mobile Homes Allowed
No
Lot Size Acres +/-
0.05
Source of Acreage
Public Records
Road Frontage
Yes
Road Frontage +/-
48.26
Source of Road Frontage
Seller

Water Info

Water Frontage
No
Water View
Yes
Water Body Name
Back Bay
Island
No

Site

Open
Yes

Location

Business District
Yes
Neighborhood
Yes

More Information

Roads

Dead End
Yes
Public
Yes

Transportation

Public Transport Access
Yes

Water Body Type

Bay
Yes

Recreational Water

Nearby
Yes

Parking

No Parking
Yes

Electric

No Electric
Yes

Gas

No Gas
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

No Driveway
Yes

Property Features

Site: Open Location: Business District; Neighborhood Roads: Dead End; Public Transportation: Public Transport Access Water Body Type: Bay Recreational Water: Nearby Driveway: No Driveway Parking: No Parking Electric: No Electric Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Sell Your Home Services
IDX
Last Updated: March - 17 - 2026
Broker Attribution: 888-219-3009

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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.