Investment Opportunity in Scarborough!

Vacant Land for Sale
Catylist Listing ID: 30867382
Property Subtypes: Industrial, Retail, Retail-Pad, Other
Gross Land Area: 0.62 Acres
Sale Price: $195,000
Unit Price: $314,516 Per Acre
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 4/22/2024

Overview / Comments

Investment Opportunity in Scarborough! Don't miss out on this prime .62-acre parcel located right off Route 1, offering immense potential for growth and returns. Ability to construct a 3,152 square foot building. Ample parking, enhancing convenience for customers or clients. Prime location with high visibility and accessibility. This is more than just land - it's an opportunity for a lucrative investment in the heart of Scarborough. The strategic location ensures your investment is positioned for success. Seize the chance to be part of Scarborough's commercial growth. Whether you're an investor or looking to establish your business, this parcel offers a unique opportunity.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $2,750 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: SCAR-000034U-000000-000033B
Zoning: TVC
Property Visibility: Excellent
Site Description: Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Near Town; Near Turnpike/Interstate; Suburban
Lot Frontage: 309
Zoning Description: For Scarborough Zoning Ordinance please use this link https://www.scarboroughmaine.org/business/zoning-ordinance
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,212 47,845
Median Age: 44.35 42.78
Households: 4,945 20,152
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