10 Market St Scarborough, ME 04074
- Retail properties
- 1,729 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
- 1,729 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 1,729 square foot retail space, located at 10 Market Street, Unit 3, Scarborough, ME 04074, presents a unique investment opportunity. Part of a new, three-story, 31,753 square foot building within The Downs mixed-use development, this first-floor unit is ideally suited for quick-service restaurants, fast food establishments, or other storefront businesses. Built in 2024, the property boasts a Class B designation and is zoned for the Haigis Parkway District, ensuring high visibility and accessibility. The building features 192 parking spaces, catering to ample customer convenience. This multi-unit building offers flexibility, with the potential to combine units for larger operations. The 6.1-acre lot provides significant space, and the "vanilla shell" condition allows for complete customization to meet specific business needs. The property is offered at $561,925, with a price per square foot of $325. This represents a rare chance to own a build-to-suit space in a thriving, master-planned development in a prime Greater Portland location, anticipated to be completed in Fall 2024. The property is part of a larger development including a planned restaurant and coffee shop, further enhancing the area's appeal and foot traffic. This is an owner/user investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scarborough
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3616
- Latitude
- 43.5976
