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Retail Building with Open Floor Plan
New
For Sale
$5,995,000

486 Payne Rd, Scarborough, ME 04074

An adaptable interior and on-site parking support a range of retail configurations.

Property Size15,000 SF
Price / SF$399.67
Days on Market6

Property Features for 486 Payne Rd

General Information

Standard status Active
Size 15,000 SF
Total Parking Spaces 95
Property subtype Retail

Building Details

Building Size 15,000 SF
Year Built 1993
Buildings 1
Listing Agency: The Boulos Company
Listed By: Joseph Italiaander · License #BA923466
Source: Boulos
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 26 at 12:49PM

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

Rey
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Investment Insights

Based on property information with market context.

This freestanding retail property contains approximately 15,000 square feet of open interior space, with ceilings reaching about 18 feet. Built in 1993, the building has approximately 95 on-site parking spaces.

The property fronts Payne Road, with visibility from I-295. It is positioned between the Maine Mall and Scarborough Gallery.

Key Highlights

  • Approximately 15,000± SF of open retail space
  • Ceilings reach approximately 18 feet
  • Approximately 95± on‑site parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Pet Quarters (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Plumbing Service Garden Center Storage Facility Grocery & Convenience Store Electrical Service Barber Shop

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

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
760k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 51% Shops & Services 15% Dining 14% Apparel 13%
Walmart Superstores
169,920 visits/mo 0.4 miles
Target Superstores
147,030 visits/mo 0.4 miles
Sam's Club Superstores
69,912 visits/mo 0.5 miles
Michaels Shops & Services
42,820 visits/mo 0.1 miles
Sierra Apparel
40,160 visits/mo 0.5 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An adaptable interior and on-site parking support a range of retail configurations.
Where is this retail space located?
The property is located at 486 Payne Rd Scarborough, ME.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Approximately 15,000± SF of open retail space; Ceilings reach approximately 18 feet; Approximately 95± on‑site parking spaces
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