Scarborough, ME Retail Property For Sale

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

Iconic 180+ seat restaurant and very popular landmark bar located along heavily traveled US Route One and close to OOB tourist community offering over 9,000 sf of space on three floors including office area, 50+ parking spaces in large paved parking lot with views of beautiful Scarborough marsh. Other possible uses with Town approval - located in RF zone with small area in RP. Highly visible location and easily accessible. Showings with notice only and with listing agent present. Property has overboard discharge system with treatment plant for septic.

Situated in the heart of Scarborough’s retail/commercial district.

2.83± AC parcel approved to accommodate up to 35,000± SF of office or medical office space.

Located off Route 1 in Scarborough and is easily accessible from both I-95 and I-295.

Pre-permitted for grading, storm water and utilities.

Sale Price: $1,050,000

Lease Rate: TBD based on Tenant requirements.

Landlord willing to build-to-suit and/or subdivide to 7,500± SF.

The Downs is once again offering a unique opportunity for end users to be involved in the most exciting mixed-use, master-planned development in the State of Maine. 10 Market Street at The Downs is a 30,450 ± SF three-story building that is planned to have 1,500 to 5,000± SF retail units on the first floor and 3,000 to 10,150± SF office units on the second and third floors.

Each unit would be part of a condominium association and would be available for purchase. This is a rare availability, to be able to purchase and own a build-to-suit office or retail space of this size and scale in this prime location. Each space would be delivered in a "vanilla shell” condition (see broker for details) to allow each user to tailor the finishes of the space to their individual and business specifications. In addition to this anchor building, plans call for a 4,750± SF restaurant and a 2,750± SF coffee shop.

10 Market Street at The Downs is anticipated to be completed by the Fall of 2024. Please contact us to discuss the reservation process to secure a unit today.