For Lease
$1/SF/YR

707 Us-1Scarborough, ME 04074

Multi-building office/retail opportunity in Scarborough, ME.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional commercial property, located at 707 US Route 1 in Scarborough, Maine, presents a unique investment or development opportunity. The 6.92-acre lot encompasses four buildings, each two stories high, offering a diverse range of spaces suitable for various business needs. The property's zoning, designated as TVC (Town and Village Centers), allows for flexibility in usage and potential expansion. The existing buildings are configured to accommodate multiple tenants, making it ideal for a mixed-use development or a portfolio of individual leases. The property is identified by APN Map U03, Lots 16 & 17 within Cumberland County. The property type is officially classified as Office and Retail, with subtypes including Executive Office, Traditional Office, Traditional, Service, Build-to-Suit, and Restaurant. This versatile property is available for ground lease or outright purchase, providing prospective buyers or lessees with considerable options to tailor the space to their specific requirements. The strategic location on US Route 1 ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the thriving Scarborough market. The property's size and zoning offer significant potential for future development and expansion, catering to a wide array of commercial ventures. The 04074 zip code further underscores its prime location within a dynamic and growing community.

Highlights

  • Dunstan Village, a new commercial campus in Scarborough, offers build-to-suit, purchase, and ground lease opportunities.
  • US Route 1 frontage provides high visibility and accessibility, with daily traffic counts exceeding 18,000 vehicles.
  • The flexible campus design accommodates diverse commercial uses, including retail, restaurants, and office spaces.
  • Currently, several units are leased, sold, or under contract, with existing tenants including Dunstan Tap & Table, Edward Jones, and other established businesses.

Property Details for 707 Us-1

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
22,700 SF
Buildings
4
Stories
2

Unit(s) available at that property

Space
Building C
Size
10,000 SF
Rate per SF
$1
Space
Building E
Size
10,000 SF
Rate per SF
$1
Space
Building D
Size
2,700 SF
Rate per SF
$1

Location Insight

City
Scarborough
County
Cumberland
State
Maine
Latitude
43.56359037225
Longitude
-70.396836786833
707 Us-1, Scarborough, Maine

FAQs

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707 Us-1
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