2 Scott Dyer Rd Cape Elizabeth, ME 04107-2017
This exceptional mixed-use property, located at 2 Scott Dyer Road in Cape Elizabeth, Maine, presents a unique investment opportunity. The 4,000 square foot building, constructed in 1950, sits on a 0.3-acre lot (APN: Map U21 Lot 11) and features a desirable blend of commercial and residential space. The two-story structure comprises four units: two commercial units and two residential units, all boasting hardwood floors and quality construction. The property benefits from ample on-site parking, a significant advantage in this highly sought-after location. Its corner lot placement ensures exceptional visibility, making it ideal for a variety of businesses. The permitted zoning is commercial, offering flexibility for future development or adaptation. This multi-unit building is situated in Cumberland County, Maine, zip code 04107, and is conveniently located in Cape Elizabeth. The property's strong rental history and prime location make it an attractive investment for both seasoned and new investors seeking a stable and potentially high-return asset. The asking price is $949,900. This is a rare opportunity to acquire a well-maintained, mixed-use property in a thriving Maine coastal community.
The purpose of this district is to encourage an identifiable Town Center that includes a village feeling, mixed retail and residential uses to serve residents, an environment inviting to pedestrians, a common meeting place, visual cohesiveness and enrichment and linkages to the Town open space and nearby school campus
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
TC · Cape Elizabeth, METhe purpose of this district is to encourage an identifiable Town Center that includes a village feeling, mixed retail and residential uses to serve residents, an environment inviting to pedestrians, a common meeting place, visual cohesiveness and enrichment and linkages to the Town open space and nearby school campus
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.
