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    51 Us Route 1 Scarborough, ME 04074

    For Lease
    $13 SF/Yr

    Class A executive suites, 1,049-3,000 sq ft

    Lot size:
    52,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class A office building, located at 51 US Route One in Scarborough, Maine, offers multiple executive suites for lease within the Nonesuch River Plaza. The property boasts a total of 52,000 square feet, with a minimum divisible space of 1,049 square feet and a maximum contiguous space of 3,000 square feet. Currently, 7,712 square feet are available for lease across four suites. The building features 10' to 12' ceilings and is conveniently situated on a 7.45-acre lot, providing ample paved on-site parking. Built to high standards, the building underwent renovations in 2003 and includes elevators for easy access to all floors. Its strategic location offers easy access to major transportation arteries, including the Maine Turnpike/I-95, I-295, and the Portland International Jetport. The property is zoned for Business Office Research (BOR) and is located across US Route One from Maine Medical Center's Scarborough campus, providing excellent visibility and accessibility. This is an ideal opportunity for businesses seeking high-quality, well-located office space in a thriving community. The building is multi-tenanted, offering a collaborative and professional environment.

    Property Features for 51 Us Route 1

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,000 SF
    Class
    A
    Total Rate
    58500

    Building Details

    Year Renovated
    2003

    Unit(s) available at that property

    Space
    Suite Q2
    Size
    1,228 SF
    Rate per SF
    $13
    Space
    Suite A
    Size
    3,000 SF
    Rate per SF
    $13
    Space
    Suite D
    Size
    1,049 SF
    Rate per SF
    $13
    Space
    Suite O
    Size
    2,435 SF
    Rate per SF
    $13

    HighLights

    • Class A office building with high‑end finishes throughout.
    • Abundant on‑site parking on a 7.45‑acre lot.
    • Excellent Scarborough location near Maine Medical Center and major transportation arteries (I‑95, I‑295, Portland Jetport).
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Gym & Fitness Wholesale Shop Food Market Cafe & Coffee Shop Computer & Electronic Repair Electrical Service Garden Center Smoke and Vape Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3147517
    Latitude
    43.6079987

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    FAQs

    What type of property is this?
    Office space - Class A executive suites, 1,049-3,000 sq ft
    Where is this office space located?
    The property is located at 51 Us Route 1 Scarborough, ME.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Class A office building with high-end finishes throughout.; Abundant on-site parking on a 7.45-acre lot.; Excellent Scarborough location near Maine Medical Center and major transportation arteries (I-95, I-295, Portland Jetport).
    Request Owner's contact information
    51 Us Route 1 Scarborough, ME 04074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    51 Us Route 1 Scarborough, ME 04074
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