For Sale
$656,175

10 Market St Scarborough, ME 04074

Prime QSR/Restaurant Opportunity in Maine

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 2,019-square-foot retail space, part of a new three-story building (completed in 2024), presents a unique owner-user investment opportunity in Scarborough, Maine's vibrant The Downs development. Located at 10 Market Street, this Class B property is ideally suited for quick-service restaurants, fast food establishments, or other storefront businesses. The unit is one of three within a larger 31,753-square-foot building, offering flexibility for expansion or consolidation. The property boasts 192 parking spaces, ensuring ample customer convenience. Situated within the Haigis Parkway District, this high-visibility location benefits from significant foot traffic and easy access. The asking price is $656,175, translating to $325 per square foot. The building features modern and appealing storefronts, and each unit will be delivered in a "vanilla shell" condition, allowing for complete customization to meet individual business needs. The 6.1-acre lot provides ample space, and the anticipated occupancy date is November 30, 2024. This is a rare chance to own a build-to-suit space in a prime location within a thriving mixed-use development. The property's multi-unit configuration allows for potential expansion or combination with adjacent units to create a larger footprint. This represents a compelling investment opportunity in a rapidly growing area of Maine.

Highlights

  • $656,175 asking price for a 2,019 SF retail space.
  • New 2024 construction, Class B, multi-tenant building with 3 units.
  • Owner/user opportunity in Scarborough, ME, Haigis Parkway District.
  • 6.1-acre lot with 192 parking spaces.
  • Occupancy date: November 30, 2024.

Property Details for 10 Market St

Property type
Retail properties, Restaurants
Square Feet
2,019 SF
Class
B
Year Built
2024
Buildings
1
Stories
3
Lot Size (sq. ft)
265,716 SF
Units
3

Location Insight

City
Scarborough
County
Cumberland
State
Maine
Latitude
43.6083314
Longitude
-70.3976368

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 $656,175.
What are key features of this property?
This property features: $656,175 asking price for a 2,019 SF retail space.; New 2024 construction, Class B, multi-tenant building with 3 units.; Owner/user opportunity in Scarborough, ME, Haigis Parkway District.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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10 Market St
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