REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Thomas Gadbois F.O. Bailey Real Estate
$ 1,295,000
Est. payment /mo
Active
3 E Grand AVE Scarborough, ME 04074
7,960 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,960 sqft
Price per Sqft $162
MLS Listing ID 1670684
HOA Y/N No
Year Built 1940
Tax Year 2025
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 7960
Property Description
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.
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.
Location
State ME
County Cumberland
Zoning Town Village Center
Rooms
Basement Other
Interior
Heating Oil, Propane, Forced Air, Heat Pump
Cooling Other
Flooring Other
Exterior
Parking Features 21+ Spaces
Waterfront Description Nearby
Roof Type Shingle
Building
Lot Description Water View
Water Public
Others
Tax ID SCAR-000022U-000000-000123
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1670684
NEARBY SCHOOLS & PROPERTIES