Highly-Visible Office Building on 3.1± AC

Office for Sale
Catylist Listing ID: 30623976
Property Subtypes: Office Building
Building Size (RSF): 26,545 SF
Gross Building Area: See Agent
Gross Land Area: 3.10 Acres
Sale Price: $2,100,000
Unit Price: $79.11 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

The Boulos Company is pleased to present this rare opportunity to acquire a large site on Route One in Scarborough. SMAA is optimizing its real estate portfolio to best suit the delivery of services to its clients.

Highly-visible, two-story brick building
26,545± SF on 3.1± acres
Flexible TVC Zoning
Ideal redevelopment opportunity
Sale Price: $2,100,000

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05200_U046001
Zoning: TVC
Property Visibility: Excellent
Highway Access: I-295 & I-95
Airports: PWM
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1950
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 95
Zoning Description: The purpose of this district is to provide for and encourage the evolution and maintenance of village and town centers within Scarborough that exhibit village style development and offer a mix of retail, office, service, civic, and residential uses in an environment conducive to both pedestrians and motorists. These town and village centers are intended to and are likely to serve as places for local shopping, business, dining, entertainment and civic activities primarily for residents of Scarborough and the immediate region. A diversity of residential uses are also intended to be integral elements of this district enabling walk-ability, convenience, and human activity and vibrancy.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 23,946 89,791
Median Age: 41.76 39.55
Households: 10,057 40,161

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