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    Scarborough, ME
    Conventional Restaurant

    Scarborough, ME Conventional Restaurants for Sale

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    Gorham, ME Westbrook, ME South Portland, ME
    Mixed-Use Property with Turnkey Restaurant
    Updated: Jul 7
    Mixed-Use Property with Turnkey Restaurant

    3 E Grand Avenue, Scarborough, ME 04074

    $1,295,000
    7,960 sqft · 1.30 AC lot
    7,960± SF mixed‑use property updated in 2017 in the Pine Point area of Scarborough
    4,000± SF restaurant space with seating for over 130 guests, plus an outdoor patio with a gas fire pit
    Includes a gift shop retail space and two second‑floor apartments with 3 bedrooms each
    Approximately 30 on‑site parking spaces for customers and residents
    Utilities: public water and public sewer; heating includes oil, heat pump, propane, and forced air
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    This listing looks promising.

    Here's a quick look at some key insights for

    3 E Grand Avenue, Scarborough, ME 04074

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $89K
      Annual

    • Mortgage

      $710K
      Apr 2017

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1940
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Scarborough, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Pizza Restaurant
    Mixed-Use Property with Pizza Restaurant

    3 Union Street, Kennebunkport, ME 04046

    $3,499,000
    6,258 sqft · 0.54 AC lot

    Over half-acre site in Dock Square featuring a full-service pizza restaurant, retail, multiple short-term rentals, and on-site parking.

    View details
    Old Port Restaurant/Retail Opportunity
    Old Port Restaurant/Retail Opportunity

    327 Commercial, Portland, ME 4101

    $2,900,000
    6,981 sqft

    6,981±SF restaurant/retail space in Portland's Old Port for sale.

    View details
    Restaurant/Retail Space on Congress Street
    Restaurant/Retail Space on Congress Street

    511 Congress St, Portland, ME 4101

    Contact for pricing
    2,875 sqft · 1.01 AC lot

    2,875 SF restaurant/retail space with high visibility.

    View details
    Mixed-Use Retail and Rental Property
    Mixed-Use Retail and Rental Property

    3 Union Street, Kennebunkport, ME 4046

    $3,499,000
    6,258 sqft

    Downtown property with a full-service pizza restaurant, packaged food retail, and multiple short-term rental units supported by ample parking.

    View details

    Scarborough, ME Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Scarborough, ME on our real estate platform. These investment opportunities span a total of 7,960 square feet of properties for sale, with an estimated market value of $1,295,000.

    Sale prices for conventional restaurants in Scarborough, ME start at $1,295,000, averaging $1,295,000, and reaching up to $1,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Turn key restaurants 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) +14.3%
    Median Household Income $125,642
    College Educated 39.7%

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $40.17 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Scarborough fall within the 10,000 to 25,000 square foot range.

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