Live-Work Mixed-Use
626 US Route 1, Scarborough, ME 04074
COMMERCIAL - Scarborough, ME
Property size:
9,000 SFLot size:
2.60 AcresPrice / SF:
$221/SF- Added:
- May 29, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 15 at 7:06 am
Property Features for 626 US Route 1
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- TVC
- Rooms
- Basement
- Basement
- Walk-Out Access, Finished, Full
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 2.60 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13940
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Forced Air, Hot Water(Heating), Propane (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1750
- Flooring type
- Heavy duty, Tile, Wood, Carpet
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
Listing agent Denise Swett (207) 210-7040
Listing office Coldwell Banker Realty 163 Fore St Ste B, Saco, ME (207) 773-1990
Listing date May 29, 2026
MLS# 1653624
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2. 6‑acre property with favorable TVC zoning, offering exceptional potential.
- Boasting over 9,000 square feet of combined space, including a 3,500+ sq ft residence.
- Attached professional wing with a separate entrance, ideal for offices.
- Heated 40x32 garage and parking for 21+ vehicles.
- Enjoy the in‑ground pool, wraparound deck, and sunroom.
- Convenient location near Dunstan Corner with easy access.
Overview
This mixed-use property combines a 3,500+ square foot residence with a 2,500+ square foot professional wing, connected on the same site. Additional space includes a 1,500+ SF entertainment/tavern area and a 1,500+ SF finished basement, creating a total of over 9,000 square feet designed to work together while maintaining privacy between living and working areas. The home features a sunroom overlooking the backyard with direct access to a wraparound deck and in-ground pool. A heated 40x32 garage, a custom entertainment space with bar and kitchenette, and a fully finished walkout basement add flexibility for both personal and business use.
Set on 2.6 private acres and positioned back from Route 1, the property is within the TVC zoning district. The site includes parking for 21+ vehicles and is located near Dunstan Corner, with easy access to the Maine Turnpike and Portland Jetport.
The attached professional wing includes multiple rooms and its own entrance, making the layout well suited for professional offices, wellness services, consulting, or other compatible uses. The entertainment/tavern space and basement can support business programming while the residence remains separate for daily living. The current owner is also willing to lease back the commercial space, which may simplify occupancy planning for a buyer seeking a transition period.
Set on 2.6 private acres and positioned back from Route 1, the property is within the TVC zoning district. The site includes parking for 21+ vehicles and is located near Dunstan Corner, with easy access to the Maine Turnpike and Portland Jetport.
The attached professional wing includes multiple rooms and its own entrance, making the layout well suited for professional offices, wellness services, consulting, or other compatible uses. The entertainment/tavern space and basement can support business programming while the residence remains separate for daily living. The current owner is also willing to lease back the commercial space, which may simplify occupancy planning for a buyer seeking a transition period.
Local Financial Insights For Apartment 5plus
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 | $286.2k | $31.80 |
| − Vacancy | −$17.2k | −$1.91 |
| EGI | $269.0k | $29.89 |
| − OpEx | −$121.1k | −$13.45 |
| NOI | $148.0k | $16.44 |
9,000 SF · lease $31.80/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.11M
$1.85M – $2.47M
NOI $147,965 @ 7.0% cap · market cap 7.44%
Second Best
Office B
$1.84M
$1.61M – $2.15M
NOI $128,845 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$2.47M
$2.16M – $2.89M
NOI $173,156 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Scarborough
- County
- Cumberland
- State
- Maine
- Longitude
- -70.388931
- Latitude
- 43.568612
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - A connected residence and professional wing with entertainment and ample parking, set back from Route 1 in TVC zoning.
Where is this mixed-use property located?
The property is located at 626 US Route 1 Scarborough, ME.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 2. 6‑acre property with favorable TVC zoning, offering exceptional potential.; Boasting over 9,000 square feet of combined space, including a 3,500+ sq ft residence.; Attached professional wing with a separate entrance, ideal for offices.
