164 US Route One, Scarborough

Vacant Land for Sale
Catylist Listing ID: 30857067
Property Subtypes: Office, Retail, Other
Gross Land Area: 0.50 Acres
Sale Price: $675,000
Unit Price: $1,350,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/26/2024

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: $675,000

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

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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

Photograph of Listing Agent

Reese McFarlane

The Boulos Company NECPE Member
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