Catylist ID:
#30857067
| Catylist Listing ID: | 30857067 |
| Property Subtypes: | Office, Retail, Other |
| Gross Land Area: | 0.50 Acres |
| Sale Price: | $595,000 |
| Unit Price: | $1,190,000 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/2/2024 |
Overview / Comments
|
The Boulos Company introduces an excellent opportunity to purchase a 0.5+/- acre of land for redevelopment. Located on Route 1 with direct access to the I-295 Connector for the Maine Turnpike. Close proximity to MaineHealth’s Scarborough campus and Scarborough Town Center. Great visibility with traffic counts of over 25,980+/- cars/day. Sale Price: $595,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Taxing Authority: | Scarborough |
| Tax ID/APN: | 05200_U045018 |
| Zoning: | TVC2 - TOWN AND VILLAGE CENTERS |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Route 1 |
| Highway Access: | I-295 |
| Site Description: | Phase 2 and VRAP have been performed for the property. Maine DEP has issued a No Further Action Assurance Letter for the property. VRAP requires a vapor mitigation system if a new building is constructed. More information available upon request. |
| Lot Frontage: | N/A |
| Water Service: | Municipal |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,621 | 18,841 | 87,807 |
| Median Age: | 41.67 | 44.25 | 39.5 |
| Households: | 1,085 | 7,971 | 39,186 |
Contact
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