10 Snow Canning Rd Scarborough, ME 04074

This exceptional investment opportunity presents a fully leased, 111,000 square foot industrial property situated on 8.05 acres in Scarborough, Maine. The property, comprised of two buildings constructed in 1920, boasts 12 loading docks and 14 dock-high doors, along with ample parking for 50 vehicles. High ceilings and both indoor and outdoor parking are additional features. Currently housing 30 tenants under a triple net lease (NNN) with a 10% cap rate, this multi-tenant property offers a strong cash flow. The asking price is $5,900,000, translating to $53.15 per square foot. Located on Route 9, the property enjoys high visibility and accessibility. Its strategic location includes approximately 1000 feet of waterfront and 502 feet of frontage on Snow Canning Road. The property is zoned Town Village Center with Industrial and Shoreline Overlay, presenting significant development potential. Public sewer and water services are available. Seller financing may be considered. This is a rare opportunity to acquire a substantial industrial asset with exceptional waterfront views and significant upside potential in a desirable Maine location.