3 East Grand Avenue, Scarborough- Retail and Residential

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30859375
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 7,960 SF
Gross Building Area: See Agent
Gross Land Area: 1.30 Acres
Sale Price: $2,000,000
Unit Price: $251.26 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2024

Overview / Comments

We are pleased to offer this all encompassing mixed-use opportunity at Pine Point Beach in Scarborough. This property features 3 excellent retail options on the first floor including a take out pizza shop, successful restaurant space with 130± seats, and a lovely beach gift shop. The second floor offers 6 bedrooms of dormitory style living for staff, or offers the ability to return the space to two 3-bedroom apartments for short term or long term rentals or personal use.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05200_U022123
Feet of Frontage: 215
Lot Frontage: 215

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,724 14,652 37,212
Median Age: 46.67 48.68 45.43
Households: 1,128 6,728 16,173


Photograph of Listing Agent

Samuel LeGeyt

The Dunham Group NECPE Member
Photograph of Listing Agent

Justin Lamontagne, CCIM, SIOR

The Dunham Group NECPE Member
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