685 Us Route 1Scarborough, ME 04074MLS Number 1549687

  • Price: $489,000
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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
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685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074685 Us Route 1 Scarborough ME 04074
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  • 0.88Acreage
  • 1918Year Built
Rare Route 1 Scarborough office space w/ opportunities to expand! Don't miss this charming, early 1900s, 4-square design located in the bustling Dunston Square area! This sought-after location has exceptional exposure w/ over 18,000 passing cars per day. Close to shopping, restaurants, beaches, highways & airport. Enjoy the charm of an early 1900s building, w/ hardwood floors, high ceilings, French doors, crown molding & butted trim throughout. The 1st floor boasts a large main office space w/ exquisite, coffered ceilings, brick fireplace, & adjoining small conference room. A second medium-sized office w/ adjoining copy & storage room, plus full kitchen & full bathroom complete the 1st floor. The 2nd floor has a large conference room, two additional sizable offices & second full bath. Plenty of private parking & detached 3-car garage complete the property in its current configuration. The building is currently designated as one large dwelling, perfect for a wide range of small business categories needing multiple private offices or can be used as a work/live business arrangement. Financial services, small healthcare businesses, or similar, will be right at home here! Investors take notice! This spacious .88-acre lot w/ 99' of frontage provides multiple possibilities to significantly increase the property value. Possible options to explore may include moderate renovations to convert current building into two business units, a sizable addition doubling the overall square footage to accommodate up to 3-6 mixed use units, or renovation & expansion of 3-car garage to add mixed use units above. The possibility of a newly constructed stand-alone structure w/ 3-6 additional units on the wide-open back lot should not be ruled out! All property improvements require buyer submission to town of Scarborough for site plan review & approval. Seller financing for a portion of the purchase price available to credit- worthy buyers.Contact agent for a showing!
Listed by EXP Realty,LLC

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number685
  • StreetUS Route 1

Building

  • BasementBrick/Mortar, Sump Pump, Unfinished
  • Office Square Footage1806
  • Stories2
  • Total Units1
  • Year Built1918
  • FoundationBrick/Mortar, Stone
  • Building ConstructionWood Frame
  • Building FeaturesInternet Access Available
  • RoofShingle

Utilities

  • Heat SystemHot Water
  • Heating FuelOil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingNone
  • ElectricCircuit Breakers, Combination
  • GasNo Gas

Tax Information

  • Tax Year2,022

Location

  • StateME
  • TownScarborough
  • Zip04074
  • LocationBusiness District, Near Airport, Near Turnpike/Interstate
  • CountyCumberland
  • MapU0300
  • Road Frontage99

Property

  • Acreage0.88
  • Sq Ft Finished Total1,806
  • Traffic Count18000
  • Leased LandNo

Property Information

  • Property UsesBar/Tavern/Lounge, Child Care, Church, Commercial, Convenience Store, Executive Suites, Flex, Freestanding Building, Governmental, Medical, Neighborhood Center, Office Building, Other, Restaurant, Retail
  • Zoning OverlayYes

Photos

  • Number of Photos32
  • Last Img Trans Date12/13/2022

Basic Information

  • List Price$489,000
  • MLS Number1549687
  • Address685 Us Route 1
  • Broker NameEXP Realty
  • Modification Date01/23/2023
  • Agent ID022311
  • Broker ID2742
  • MLS StatusActive Under Contract
  • Property SubTypeGeneral Commercial

Interior

  • Ceiling Height10
  • FloorsCarpet, Laminate, Wood

Exterior

  • ExteriorClapboard, Wood Siding

Amenities

  • Other AmenitiesBasement, Fireplace

Other

  • Parking Spaces5 - 10 Spaces, Garage, Gravel, Off Street, Paved

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