3 E Grand Ave - Service Station FOR SALE


Scarborough, ME 04074
$1,295,000 USD
207-409-8339
3 E Grand Ave, Scarborough, ME for Sale
$1,295,000 USD
Service Station - FOR SALE
1/17
null | Request Cap Rate

NEW


3 E Grand Ave
Scarborough, ME 04074


OVERVIEW

Prime Mixed-Use Investment Opportunity in Pine Point, Scarborough Rare opportunity to own a beautifully renovated 7,960± SF mixed-use property in the highly sought-after Pine Point neighborhood of Scarborough. Updated in 2017, this exceptional property features a 4,000± SF turnkey restaurant space fully equipped and ready for operation, with seating for over 130 guests. The restaurant boasts a stunning outdoor patio complete with a gas fire pit, creating an inviting atmosphere for both daytime and evening dining. In addition to the restaurant, the property includes a successful gift shop retail space and two spacious 3-bedroom apartments on the second floor, providing multiple income streams. Tenants enjoy dedicated green space, while customers and residents benefit from approximately 30 on-site parking spaces. Ideally located just minutes from Pine Point Beach and Old Orchard Beach, this versatile property offers outstanding visibility, strong tourism-driven traffic, and tremendous potential for owner-users and investors alike. Don't miss your chance to acquire this unique coastal asset in one of Southern Maine's most desirable and rapidly growing communities.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Conroy's Garage

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

Town Village Center 4

APN/PARCEL ID

SCAR-000022U-000000-000123

ASK ABOUT THIS PROPERTY

Thomas GadboisF. O. Bailey Real EstateMore Info
207-409-8339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Thomas GadboisF. O. Bailey Real EstateMore Info
207-409-8339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.