Maine Mall Area 2+ Acre Outparcel

Vacant Land for Lease
Catylist Listing ID: 30086541
Property Subtypes: Hospitality, Office, Retail, General
Gross Land Area: 2 Acres
Lease Rate: $60,000 (Annual)
$0.69 PSF (Annual)
Base Monthly Rent: $5,000
Lease Types: NNN
Last Updated: 3/12/2019

Overview / Comments

Porta & Company is pleased to offer this rare over 2 acre development site located in close proximity to the Maine Mall and Scarborough Gallery. The site is currently producing income, please contact broker for financial details.The site has incredible visibility and access from Payne Road, which has over 25,000 cars per day. The site can also be access from a signalized intersection from Southborough Drive. Abutting businesses are Sebago Brewing Company, Homewood Suites, and La-Z-boy. All national retailers are located within 1/4 mile. The site is zoned B-2 according the the Town of Scarborough, which allows for a variety of uses, including but not limited to, restaurants, banks, retail, hotels, and offices. It is located within 1/4 mile of the 1,200,000 +/- SF Maine Mall. Please contact broker directly for more information.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Scarborugh, ME
Tax ID/APN: 05200_R037048B
Zoning: B-2
Property Visibility: Excellent
Largest Nearby Street: Payne Road
Feet of Frontage: 300
Traffic/Vehicle Count: 25,000
Highway Access: I-295 and I-95
Airports: Portland Jetport
Site Description: The site has been conceptually designed to accommodate an 11,000 sf restaurant with 150 parking spaces. A larger office or other retail building would fit on the property, due to the lower parking requirements for those uses. Next door to this lot is a recently opened 92-room Courtyard Marriott and a 100-room Homewood Suites (opened in spring 2008). There are underground utilities to the site, which is in the B-2 Business Zone, allowing for uses such as restaurants, banks, retail and offices. The Scarborough Gallery is located nearby, which features a Lowe's Home Improvement store and a Wal-Mart SuperCenter.
Lot Frontage: 231
Zoning Description: B-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,841 28,709 109,915
Median Age: 27.22 39.02 38.97
Households: 1,139 11,746 48,818
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.