375 US Route 1 - Commercial LAND FOR SALE


Scarborough, ME 04074 1,306,800 SF
$4,500,000 USD
207-756-4563
375 US Route 1, Scarborough, ME for Sale
$4,500,000 USD
Commercial LAND - FOR SALE
1/3
1,306,800 SF

375 US Route 1
Scarborough, ME 04074


HIGHLIGHTS

  • 7 minute drive from downtown Portland (Less than 6 Miles).
  • 1.5 miles to Maine Turn-Pike (I-95).
  • Destination for outdoor enthusiasts; 6 white sand beaches and 3,000 acres of coastal-Maine habitat for wildlife.

OVERVIEW

A 330 unit development opportunity in high barrier to entry market with limited competition (no new construction in Scarborough over 60 units since 1981). There is a 500,000+ population within 25 a mile radius and the property is located less than 3.5 miles from Maine Mall. Scarborough is currently Maine’s fastest growing residential municipality. Comes included with efficient management all in one site.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/ACRE

$150,000/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Enterprise Multi-Family Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

30 AC

LAND SF

1,306,800 SF

OFFSITE IMPROVEMENTS

Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

HPZ

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vince CiampiPorta & CompanyMore Info
207-756-4563

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Vince CiampiPorta & CompanyMore Info
207-756-4563

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