707 Us-1 Scarborough, ME 04074
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 707 Us-1
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property, located at 707 US Route 1 in Scarborough, Maine, presents a unique investment or development opportunity. The 6.92-acre lot encompasses four buildings, each two stories high, offering a diverse range of spaces suitable for various business needs. The property's zoning, designated as TVC (Town and Village Centers), allows for flexibility in usage and potential expansion. The existing buildings are configured to accommodate multiple tenants, making it ideal for a mixed-use development or a portfolio of individual leases. The property is identified by APN Map U03, Lots 16 & 17 within Cumberland County. The property type is officially classified as Office and Retail, with subtypes including Executive Office, Traditional Office, Traditional, Service, Build-to-Suit, and Restaurant. This versatile property is available for ground lease or outright purchase, providing prospective buyers or lessees with considerable options to tailor the space to their specific requirements. The strategic location on US Route 1 ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the thriving Scarborough market. The property's size and zoning offer significant potential for future development and expansion, catering to a wide array of commercial ventures. The 04074 zip code further underscores its prime location within a dynamic and growing community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scarborough
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3968
- Latitude
- 43.5636
