10 Snow Canning Rd - Manufacturing FOR SALE


Scarborough, ME 04074
$5,900,000 USD
207-781-1111
10 Snow Canning Rd, Scarborough, ME for Sale
$5,900,000 USD
Manufacturing - FOR SALE
1/17
null | 11% Cap Rate

10 Snow Canning Rd
Scarborough, ME 04074


HIGHLIGHTS

  • Exceptional Development Potential
  • Grandfathered Waterfront Footprint
  • 10%+ Cap Rate

OVERVIEW

POTENTIAL FOR SELLER FINANCING. Introducing a prime waterfront industrial asset at 10 & 20 Snow Canning Road, Scarborough, ME. This fully leased 111,005± SF property presents exceptional investment and development potential. Strategically located on Route 9 Pine Point Road, the site offers outstanding visibility and accessibility. The property offers 12 loading docks, 14 large overhead doors, high ceilings, common and private restrooms, and both outdoor and indoor parking. With 502' frontage on Snow Canning Road and approximately 1000± feet of waterfront, it spans 8.05± acres. The site features breathtaking water views in three directions, enhancing its appeal for potential development projects. Zoned for Town Village Center with Industrial Overlay and Shoreland, the property is priced at $5,900,000 with 2021 taxes. Public sewer and water services are available. This is a prime opportunity to secure a valuable industrial asset with remarkable development potential in a desirable location.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

12

DRIVE INS

14

PARKING SPACES

50

LAND DETAILS

LAND ACRES

8.05

LAND SF

350,658

ZONING

31

APN/PARCEL ID

SCAR-000087R-000000-000005

ASK ABOUT THIS PROPERTY

Lauren JonesF. O. Bailey Real EstateMore Info
207-781-1111

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Lauren JonesF. O. Bailey Real EstateMore Info
207-781-1111

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