Laboratory and Research
For Sale
Contact for pricing
14 Washington Ave, Scarborough, ME 04074
Turnkey lab and research-and-development building with positive-pressure rooms and an environmental chamber.
Property Size14,942 SF
Price / SF$132.18
Days on Market238
Property Features for 14 Washington Ave
General Information
Standard status
Active
Size
14,942 SF
Property subtype
INDUSTRIAL
Building Details
Buildings
1
Building Size
14,942 SF
Listing Agency:
The Dunham Group
(207) 415-1700
Listed By:
P. Gregory Hastings II,SIOR
(207) 415-1700
Source:
Moodyscre
Added: Dec 5, 2025
Changed: Jul 30
Last Checked: Jul 30 at 4:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Dunham Group
Investment Insights
Based on property information with market context.
Turnkey 14,942± SF laboratory and research-and-development building in Scarborough Industrial Park. The property has been used as a biomedical development facility and has undergone extensive renovation by Alere and Abbott Laboratories.
The building includes an environmental chamber, and the lab rooms operate under positive pressure. This configuration supports life sciences, laboratory, biotechnology, and research and development uses.
With its lab-focused improvements and history as a biomedical development facility, the property is designed for organizations seeking purpose-built space for controlled research activities and lab operations.
The building includes an environmental chamber, and the lab rooms operate under positive pressure. This configuration supports life sciences, laboratory, biotechnology, and research and development uses.
With its lab-focused improvements and history as a biomedical development facility, the property is designed for organizations seeking purpose-built space for controlled research activities and lab operations.
Key Highlights
- Turnkey 14,942± SF laboratory and research facility
- Lab rooms operate under positive pressure
- Includes an environmental chamber
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $141.7k | $9.48 |
| − Vacancy | −$5.1k | −$0.34 |
| EGI | $136.6k | $9.14 |
| − OpEx | −$41.0k | −$2.74 |
| NOI | $95.6k | $6.40 |
14,942 SF · lease $9.48/SF/yr · vacancy 3.57% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.37M
$1.20M – $1.59M
NOI $95,615 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.11M
$3.59M – $4.79M
NOI $287,477 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 04074, ME
21,952
Population
10,561
Households
2.1
Avg Household Size
46
Median Age
58%
College-Educated
99%
High-School Grad
47.6 sq mi
ZIP Area
461
Density / Sq Mi
$125,642
Median Household Income
$55,955
Median Earnings
$1,821
Median Rent
$502,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Turnkey lab and research-and-development building with positive-pressure rooms and an environmental chamber.
Where is this manufacturing property located?
The property is located at 14 Washington Ave Scarborough, ME.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Turnkey 14,942± SF laboratory and research facility; Lab rooms operate under positive pressure; Includes an environmental chamber
