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    23 Spring St Scarborough, ME 04074

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    For Lease
    $16 SF/Yr ($4,000 /Mo)

    High-quality office/medical space with ample parking near major routes.

    Property size:
    3,000 SF
    Lot size:
    1.25 Acres

    Property Features for 23 Spring St

    General Information

    Size
    3,000 SF
    Lot size
    1.25 Acres

    Source: F.O. Bailey Real Estate Agent Thomas Gadbois

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Scarborough Office or Medical Space

    This property offers an opportunity to lease a high-quality office or medical space. It features an abundance of parking. The property is located on Spring Street in Scarborough, near interstates 295 and 95, and Portland's Old Port. The location is also near Scarborough Downs and close to future development. The property has a size of 3000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northpoint Mortgage, Inc. Mortgage Broker Lighthouse Foot and Ankle ... Podiatrist Michele Kurlanski, DPM Podiatrist David Hurst Otolaryngologist Solamar Hospice Care Hospice

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Auto Repair Shop Hair Salon Wholesale Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3447647
    Latitude
    43.6208465

    Nearby Similar for Lease

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      Scarborough, ME: Prime Medical Office Opportunity
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    • $1.00 SF/Yr
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    • $24 SF/Yr
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    • $18 SF/Yr
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    • $14 SF/Yr
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      Prime Scarborough Office Space

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    FAQs

    What type of property is this?
    Medical office - High-quality office/medical space with ample parking near major routes.
    Where is this medical office located?
    The property is located at 23 Spring St Scarborough, ME.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High-quality, built-out office or medical space.; - Abundance of parking.; - Highly desirable Spring Street location in Scarborough.
    (207) 409-8339
    Request Owner's contact information
    23 Spring St Scarborough, ME 04074
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    Scarborough, ME 04074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 Spring St Scarborough, ME 04074
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