175 Scarborough Downs Rd Scarborough, ME 04074

Property Details for 175 Scarborough Downs Rd

Lot size

577.00 lot acres

Property size

320,000 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional 320,000 square foot medical office building presents a unique investment opportunity in Scarborough, Maine's burgeoning Town Center. Located at 175 Scarborough Downs Rd, 04074, this single-tenant property sits on a sprawling 577-acre site within the larger Downs development. The building is currently vacant and ready for immediate occupancy. The property is part of a vibrant mixed-use development, including 240 residential units, a boutique hotel, restaurants, breweries with outdoor and rooftop dining, and additional mixed-use buildings featuring first-floor retail and upscale housing. InterMed, a healthcare provider, is slated to begin construction in the fall of 2024, further enhancing the area's appeal and attracting a high-quality tenant base. The development's strategic location and comprehensive amenities create a highly desirable environment for both patients and employees. The overall development also includes luxury condominiums, market-rate apartments, and Maine's first affordable housing building for individuals with physical disabilities. This prime location offers unparalleled visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-impact, high-growth opportunity in a thriving Maine community. The property's size and location within the newly developed Town Center provide significant potential for long-term value appreciation. This is a rare chance to acquire a substantial, fully vacant building in a rapidly expanding area.

Location Insight

City

Scarborough

County

Cumberland

State

Maine

Longitude

-70.3548

Latitude

43.5967