263 Cumberland Avenue

Portland, ME 04101

Listing ID: 231264

$2,200,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 0.160
Building Sq Ft 26,450
Building Price per Sq Ft $83.18
Land Sq Ft 6,982
Land Price per Sq Ft $315.10

Description

Fully approved 89-SRO to be developed in Downtown Portland.

Attachments & Files

263-cumberland-avenue-portlandbrochure-j1o-XSc.pdf

Listing Demographics for 263 Cumberland Avenue Portland, ME 04101

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		24,950	85,163	133,605
Population Median Age		38	40	41
Population by Age	0-9 Yrs	1799 (7%)	7243 (8%)	12168 (9%)
	10-19 Yrs	1681 (6%)	7324 (8%)	13096 (9%)
	20-29 Yrs	6632 (26%)	15975 (18%)	21283 (15%)
	30-39 Yrs	4895 (19%)	13755 (16%)	19071 (14%)
	40-49 Yrs	3023 (12%)	10367 (12%)	16240 (12%)
	50-59 Yrs	2630 (10%)	11330 (13%)	19364 (14%)
	60-69 Yrs	2448 (9%)	10010 (11%)	16759 (12%)
	70+ Yrs	1843 (7%)	9158 (10%)	15624 (11%)

Median HH Income		$45,840	$60,603	$66,701
Total Household Income	< 24K	3859 (30%)	8361 (20%)	11204 (18%)
	25-49K	3065 (23%)	8423 (21%)	11686 (19%)
	50-74K	2226 (17%)	7036 (17%)	10459 (17%)
	75-99K	1430 (11%)	5366 (13%)	8215 (13%)
	100-199K	1686 (13%)	8054 (20%)	13671 (22%)
	200K+	530 (4%)	2617 (6%)	4931 (8%)

Highest Education Level	No Diploma	1923	4401	5658
	Diploma or GED	2862	10705	16776
	Some College	3429	10886	16718
	Assoc. Degree	1098	4717	7478
	Bachelors Degree	6306	20019	30748
	Higher Degree	3517	13562	22073

Total Housing Units		14,452	45,057	70,144
--Owner-Occupied		2,799	18,134	33,127
--Renter-Occupied		9,996	21,723	27,041
Owner-Occupied Values	< 100K	88	434	731
	100-199K	298	2613	4402
	200-299K	837	6046	11118
	300-399K	634	4083	7301
	400-499K	323	2369	4355
	500K+	619	2590	5220

Total Working Age Population		22,148	73,651	113,987
In Work Force		15,861	52,009	79,859
Not In Work Force		6,286	21,642	34,129
Workforce Employed		15,299	50,033	76,948
Workforce Unemployed		508	1,823	2,652
Civlian Workforce		15,808	51,856	79,601
Military Workforce		54	153	258

Total Households		12,796	39,857	60,167
Family Households		3,825	17,054	29,831
Non-Family Households		8,970	22,803	30,337
Married Couple		2,662	12,775	23,195
Other Family		1,164	4,279	6,636
Married w/Child		800	4,563	8,362
Single Male w/Child		52	584	1,070
Single Female w/Child		595	1,770	2,772

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Maine	1,274,923	+4	1,328,361	+1	1,335,260	0	1,341,046
Cumberland County	265,612	+6	281,674	+5	294,711	+2	301,376
York County	186,742	+6	197,131	+6	208,062	+5	217,689

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.