3 East Grand Avenue, Scarborough- Retail and Residential
Retail-Commercial
for Sale
Also listed as Multi-Family
Catylist Listing ID: |
30859375 |
Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Street Retail
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Building Size (RSF): |
7,960 SF
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Gross Building Area: |
See Agent |
Gross Land Area: |
1.30 Acres
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Sale Price: |
$1,950,000 |
Unit Price: |
$244.97 PSF |
Property Use Type: |
Investment, Vacant/Owner-User |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/5/2024 |
Overview / Comments
We are pleased to offer this all encompassing mixed-use opportunity at Pine Point Beach in Scarborough. This property features 3 excellent retail options on the first floor including a take out pizza shop, successful restaurant space with 130± seats, and a lovely beach gift shop. The second floor offers 6 bedrooms of dormitory style living for staff, or offers the ability to return the space to two 3-bedroom apartments for short term or long term rentals or personal use.
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Additional Details
Nearest MSA: |
Portland-South Portland |
County: |
Cumberland |
Tax ID/APN: |
05200_U022123 |
Zoning: |
TOWN VILLAGE CENTER 4 |
Feet of Frontage: |
215 |
Lot Frontage: |
215 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,724 |
14,652 |
37,212 |
Median Age: |
46.67 |
48.68 |
45.43 |
Households: |
1,128 |
6,728 |
16,173 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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