162 Us-1 Scarborough, ME 04074
This exceptional 6,492 square foot freestanding office building presents a compelling owner-user opportunity in Scarborough, Maine. Located at 162 US-1, this Class B property boasts a prime location near major employers like the MaineHealth Campus and Norway Savings Bank, as well as numerous amenities including restaurants (Lois’ Natural, The Maine Bagel, Dunkin’, Starbucks), a Hannaford supermarket, and more. Built in 1987, the three-story building sits on a 0.33-acre lot (APN: U045/18A) and is zoned TVC (Town & Village Centers), offering flexibility for various professional uses. Its layout is easily divisible, making it suitable for multiple tenants. The property benefits from high visibility and accessibility, with convenient access to Portland, The Maine Mall, Portland International Jetport, I-295, and I-95. High traffic counts of 25,980 vehicles per day (2022 data) ensure significant exposure. The asking price is $895,000, translating to $137.86 per square foot. This represents a strong investment opportunity for businesses seeking a well-situated, adaptable office space in a thriving commercial area. The property's convenient location and ample square footage make it an ideal choice for companies seeking to establish or expand their presence in the Scarborough market.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
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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.