Rare Route 1 Scarborough office space w/ opportunities to expand! Don't miss this charming, early 1900s, 4-square design located in the bustling Dunstan Square area! This sought-after location has exceptional exposure w/ over 18,000 passing cars...
$489,000
1,806
Sq Ft.
Interior
.88 Acres
Exterior
Commercial
Property type
1918
Year Built
1549687
Web Id
1549687
MLS ID
Scarborough
School District
This Property is Currently Contract Pending
2.0000
Buyer Agency Compensation
About 685 US Route 1
Rare Route 1 Scarborough office space w/ opportunities to expand! Don't miss this charming, early 1900s, 4-square design located in the bustling Dunstan 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 0.88-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. Contact agent for a showing!
Listing Courtesy of EXP Realty
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
Carpet
Hardwood Flooring
features
cooling
Oil
lot description
laminate flooring
Style
Brick
Additional Listing Type
In Contract
PROPERTY INFORMATION
Basement
Brick/Mortar, Sump Pump, Unfinished
Heating
Hot Water
Location
Business District, Near Airport, Near Turnpike/Interstate