Live/Work Mixed-Use Property with
626 US Route 1, Scarborough, ME 04074
MULTI_FAMILY - Colonial, Federal - 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 8:06 am
Property Features for 626 US Route 1
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TVC
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Basement, Bathroom 3
- Parking features
- Heated
- Patio and Porch features
- Porch, Deck
- Pets allowed
- No
- Basement
- Walk-Out Access, Full, Finished
- 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
- Zoned, Hot Water(Heating), Forced Air, Propane (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1750
- Number of units
- 1
- Flooring type
- Wood, Tile - Ceramic, Heavy duty
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Federal, Colonial
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# 1653622
Listing URL
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 private acres set back from Route 1 in the favorable TVC zoning district
- Over 9,000 sq ft combined: 3,500+ sq ft residence plus 2,500+ sq ft professional wing and 1,500+ sq ft entertainment/tavern area
- 1,500+ sq ft finished walkout basement plus a wraparound deck and sunroom overlooking the backyard
- In‑ground pool and custom entertainment space with bar and kitchenette
- Heated 40x32 garage and parking for 21+ vehicles
- Public water and public sewer; Zoned heating with forced air and heat pump, plus propane and hot water heating options
Overview
The property is a live/work mixed-use setup on 2.6 private acres, set back from Route 1. It combines a 3,500+ square foot residence connected to a 2,500+ square foot professional wing, along with 1,500+ square feet of entertainment/tavern space and 1,500+ square feet in a finished basement for a combined footprint of 9,000+ square feet. The main residence includes a sunroom overlooking the backyard and direct access to a wraparound deck and in-ground pool. The attached professional wing has multiple rooms and its own entrance, and the entertainment area features a bar and kitchenette. Additional improvements include a heated 40x32 garage and a fully finished walkout basement. Parking accommodates 21+ vehicles.
Situated in the TVC zoning district, the property is positioned for privacy with Route 1 access. It is located at 626 US Route 1 in Scarborough, near Dunstan Corner, with easy access to the Maine Turnpike, Portland Jetport, and surrounding coastal communities.
For an owner-occupant, the layout supports using the professional wing for business, wellness, or consulting while maintaining a separate living environment, plus an entertainment/tavern space that can support additional operations. For other buyers, the configuration provides flexibility for continued business use, residential living, or multiple revenue streams. The current owner is also willing to lease back the commercial space to supplement income and offset mortgage.
Situated in the TVC zoning district, the property is positioned for privacy with Route 1 access. It is located at 626 US Route 1 in Scarborough, near Dunstan Corner, with easy access to the Maine Turnpike, Portland Jetport, and surrounding coastal communities.
For an owner-occupant, the layout supports using the professional wing for business, wellness, or consulting while maintaining a separate living environment, plus an entertainment/tavern space that can support additional operations. For other buyers, the configuration provides flexibility for continued business use, residential living, or multiple revenue streams. The current owner is also willing to lease back the commercial space to supplement income and offset mortgage.
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
- -70.387958
- Latitude
- 43.568784
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Live-work configuration pairs a large residence with a separate professional wing and entertainment space, supported by ample parking.
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 private acres set back from Route 1 in the favorable TVC zoning district; Over 9,000 sq ft combined: 3,500+ sq ft residence plus 2,500+ sq ft professional wing and 1,500+ sq ft entertainment/tavern area; 1,500+ sq ft finished walkout basement plus a wraparound deck and sunroom overlooking the backyard
