Scarborough
$1,295,000
3 E Grand Avenue
mls: 1670684
Bathrooms: 0
Year Built: 1940
Sq Footage: 7,960
Lot Size: 1.3
Taxes: $17,336
Status: Active

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.

Listed by: F.O. Bailey Real Estate

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.

Listed by: F.O. Bailey Real Estate

Accessibility Features
Appliances
Architectural Style
Basement
Other
Bathrooms Total Integer
0
Body Type
Building Area Total
7960.00
Construction Materials
Wood Frame, Wood Siding
Cooling
Other
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Other
Foundation Details
Green Energy Efficient
Heating
Oil, Propane, Forced Air, Heat Pump
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Water View
Lot Size Acres
1.3000
Other Equipment
Other Structures
Parking Features
21+ Spaces
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
17336.00
Utilities
Water Source
Public
Waterfront Features
Nearby
Waterfront Yes/No
1
Year Built
1940
Zoning
Town Village Center