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Medical Office Condo
New
For Lease
$25 SF/Yr

243 US Route 1, Scarborough, ME 04074

The property is in Scarborough, Maine, and dates to 1987.

Space Size1,634 SF
Days on Market4

Property Features for 243 US Route 1

General Information

Standard status Active
Size 1,634 SF
Class B
Property subtype Office
Lease Term NNN

Space & Availability

Space Use Medical Office
Condition Turnkey

Building Details

Building Size 1,634 SF
Year Built 1987

Spaces For Lease

at 243 US Route 1
Second Floor Condo $25/SF/Yr
Size 1,634 SF
Type Medical
Term Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Reese McFarlane · License #ME #SA926420
Source: Boulos
Added: Oct 7 Last Checked: Oct 9 at 5:41PM

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 Boulos Company

Investment Insights

Based on property information with market context.

This medical office condominium is located at 243 US Route 1 in Scarborough, Maine. The building was constructed in 1987.

Key Highlights

  • Medical office condominium at 243 US Route 1, Scarborough, ME 04074
  • Year built: 1987

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Auto Parts Store Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Portland veterinary hospital — 29 Camden St, Scarborough, ME 04074
  • Cats On Call Hospital Inc — 256 US-1, Scarborough, ME 04074

Frequently Asked Questions

What type of property is this?
Medical Office Space - The property is in Scarborough, Maine, and dates to 1987.
Where is this medical office space located?
The property is located at 243 US Route 1 Scarborough, ME.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Medical office condominium at 243 US Route 1, Scarborough, ME 04074; Year built: 1987
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