New Scarborough Town Center
For Lease
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175 Scarborough Downs Rd, Scarborough, ME 04074
Mixed-use development with retail, office, residential, and hospitality spaces.
Space Size320,000 SF
Days on Market740
Property Features for 175 Scarborough Downs Rd
General Information
Standard status
Active
Size
320,000 SF
Property subtype
Retail, Office, Restaurant
Building Details
Building Size
320,000 SF
Tenancy
Multiple
Spaces For Lease
at 175 Scarborough Downs Rd Contact us- Size
- 320,000 SF
- Type
- Office, Retail
- Availability
- Active
Available Space
Listing Agency:
Wilder
Listed By:
Ryan Feinberg · License #MA
(617) 247-9200
Source:
Crexi
Added: Aug 26, 2024
Changed: Aug 25
Last Checked: Sep 2 at 8:13AM
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 Wilder
Investment Insights
Based on property information with market context.
Scarborough's Town Center is undergoing development, adding 320,000 square feet of retail space, 60,000 square feet of medical office space, 240 residential units, and a boutique hotel. The Town Center includes a main anchor building designed to resemble the Scarborough Downs Grandstand, which will house restaurants and breweries featuring outdoor and rooftop dining areas overlooking a central greenspace. Additional mixed-use buildings will surround the green, offering first-floor restaurant and retail spaces, with upscale housing on the second and third floors. InterMed, a health care provider, is finalizing permitting and plans to break ground in the fall of 2024. Allagash is scheduled to break ground in 2025, constructing a tasting room. The development will also include 96 luxury condominium units, 60 market-rate apartments, and Maine’s first affordable housing building for individuals with physical disabilities, known as 3iHomes. Groundbreaking occurred in late 2023, establishing Maine’s first new-build downtown within an existing community. The Town Center will connect to the mixed-use residential area of The Downs, which includes 540 housing units of various types, such as condominiums, apartments, senior and affordable housing, and single-family homes.
Key Highlights
- New mixed‑use development featuring retail, medical office space, residential units, and a boutique hotel.
- Anchor building with restaurants, breweries, and outdoor/rooftop dining overlooking a central greenspace.
- Upscale, amenitized housing above first‑floor retail and restaurants.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use development with retail, office, residential, and hospitality spaces.
Where is this mixed-use property located?
The property is located at 175 Scarborough Downs Rd Scarborough, ME.
What are key features of this property?
This property features: New mixed‑use development featuring retail, medical office space, residential units, and a boutique hotel.; Anchor building with **restaurants, breweries, and outdoor/rooftop dining overlooking a central greenspace.**; Upscale, amenitized housing above first‑floor retail and restaurants.
