10 Market St Scarborough, ME 04074
- Retail properties
- 2,019 SF
- 6.10 lot acres
Current Use by Public Records
- Retail properties
Property Details for 10 Market St
- Year built
- 2024
- Lot size
- 6.10 lot acres
- Property size
- 2,019 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 2,019-square-foot retail space, part of a new three-story building (completed in 2024), presents a unique owner-user investment opportunity in Scarborough, Maine's vibrant The Downs development. Located at 10 Market Street, this Class B property is ideally suited for quick-service restaurants, fast food establishments, or other storefront businesses. The unit is one of three within a larger 31,753-square-foot building, offering flexibility for expansion or consolidation. The property boasts 192 parking spaces, ensuring ample customer convenience. Situated within the Haigis Parkway District, this high-visibility location benefits from significant foot traffic and easy access. The asking price is $656,175, translating to $325 per square foot. The building features modern and appealing storefronts, and each unit will be delivered in a "vanilla shell" condition, allowing for complete customization to meet individual business needs. The 6.1-acre lot provides ample space, and the anticipated occupancy date is November 30, 2024. This is a rare chance to own a build-to-suit space in a prime location within a thriving mixed-use development. The property's multi-unit configuration allows for potential expansion or combination with adjacent units to create a larger footprint. This represents a compelling investment opportunity in a rapidly growing area of Maine.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scarborough
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3976
- Latitude
- 43.6083
