For Sale
$561,925

10 Market St Scarborough, ME 04074

Prime QSR/Restaurant Opportunity in Maine

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 1,729 square foot retail space, located at 10 Market Street, Unit 3, Scarborough, ME 04074, presents a unique investment opportunity. Part of a new, three-story, 31,753 square foot building within The Downs mixed-use development, this first-floor unit is ideally suited for quick-service restaurants, fast food establishments, or other storefront businesses. Built in 2024, the property boasts a Class B designation and is zoned for the Haigis Parkway District, ensuring high visibility and accessibility. The building features 192 parking spaces, catering to ample customer convenience. This multi-unit building offers flexibility, with the potential to combine units for larger operations. The 6.1-acre lot provides significant space, and the "vanilla shell" condition allows for complete customization to meet specific business needs. The property is offered at $561,925, with a price per square foot of $325. This represents a rare chance to own a build-to-suit space in a thriving, master-planned development in a prime Greater Portland location, anticipated to be completed in Fall 2024. The property is part of a larger development including a planned restaurant and coffee shop, further enhancing the area's appeal and foot traffic. This is an owner/user investment opportunity.

Highlights

  • $561,925 asking price for a 1,729 SF retail space.
  • New construction, completed in 2024.
  • Located at 10 Market Street, Unit 3, Scarborough, ME 04074, in the Haigis Parkway District.
  • 192 parking spaces available.
  • 6.1-acre lot size.

Property Details for 10 Market St

Property type
Retail properties, Restaurants
Square Feet
1,729 SF
Class
B
Year Built
2024
Buildings
1
Stories
3
Lot Size (sq. ft)
265,716 SF

Location Insight

City
Scarborough
County
Cumberland
State
Maine
Latitude
43.597606368666
Longitude
-70.361598186819

FAQs

What type of property is this?
Retail property - Prime QSR/Restaurant Opportunity in Maine
Where is the retail property located?
The property is located at 10 Market St Scarborough, ME.
What is the asking price?
The asking price for this property is $561,925.
What are key features of this property?
This property features: $561,925 asking price for a 1,729 SF retail space.; New construction, completed in 2024.; Located at 10 Market Street, Unit 3, Scarborough, ME 04074, in the Haigis Parkway District.
How can I contact the broker?
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10 Market St
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