10 Market St Scarborough, ME 04074
This exceptional 1,850 square foot retail space, located at 10 Market Street, Unit 2, Scarborough, ME 04074, presents a unique owner-user investment opportunity within The Downs mixed-use development. Completed in 2024, this Class B property is part of a three-story building (31,753± SF total) and offers high visibility and ample parking (192 spaces) within the Haigis Parkway District. The unit is situated on a 6.1-acre lot and is ideal for quick-service restaurants, full-service restaurants, or storefront retail businesses. Priced at $601,250 ($325/SF), this space is delivered in a "vanilla shell" condition, allowing for complete customization to suit individual business needs. The property is part of a condominium association and benefits from the significant foot traffic and appeal of The Downs development, anticipated to include additional restaurants and a coffee shop. This is a rare chance to own a new construction retail space in a prime Greater Portland location. The property's multi-unit configuration allows for potential expansion by combining units.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.