10 Snow Canning Rd, Scarborough, ME 04074
111,000 SF | 100% Leased | Industrial Building | Scarborough, ME 04074 | $5,900,000 ($53/SF) | 11% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $5,900,000
- Property Type
-
Industrial
- Price / Square Foot
- $53
Listing Contacts
Lauren Jones
Verified Profile
David Jones
Verified Profile
- Property Info
Property Overview
Introducing a prime waterfront industrial asset at 10 & 20 Snow Canning Road, Scarborough, ME. This fully leased 111,005± SF property presents exceptional investment and development potential. Strategically located on Route 9 Pine Point Road, the site offers outstanding visibility and accessibility.
The property offers 12 loading docks, 14 large overhead doors, high ceilings, common and private restrooms, and both outdoor and indoor parking. With 502' frontage on Snow Canning Road and approximately 1000± feet of waterfront, it spans 8.05± acres. The site features breathtaking water views in three directions, enhancing its appeal for potential development projects.
Zoned for Town Village Center with Industrial Overlay and Shoreland, the property is priced at $5,900,000 with 2021 taxes. Public sewer and water services are available. This is a prime opportunity to secure a valuable industrial asset with remarkable development potential in a desirable location.
The property offers 12 loading docks, 14 large overhead doors, high ceilings, common and private restrooms, and both outdoor and indoor parking. With 502' frontage on Snow Canning Road and approximately 1000± feet of waterfront, it spans 8.05± acres. The site features breathtaking water views in three directions, enhancing its appeal for potential development projects.
Zoned for Town Village Center with Industrial Overlay and Shoreland, the property is priced at $5,900,000 with 2021 taxes. Public sewer and water services are available. This is a prime opportunity to secure a valuable industrial asset with remarkable development potential in a desirable location.
Property Details
- Class
- C
- Year Built
- 1920
- Stories
- 2
- Property Subtype
- Manufacturing
- Lot Size (sq. ft)
- 350,658 SF
Highlights
- Exceptional Development Potential
- Grandfathered Waterfront Footprint
- 10%+ Cap Rate
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