3 E Grand Avenue, Scarborough, ME 04074 (MLS # 1670684)
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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.
| LAST UPDATED | 8/27/2026 | YEAR BUILT | 1940 |
|---|---|---|---|
| COUNTY | Cumberland | STATUS | Active Under Contract |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Other, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Forced Air, Heat Pump, Oil, Propane |
| LOT | 1.3 acre(s) |
| LOT DIMENSIONS | 1.3 |
| MLS STATUS | Active Under Contract |
| SEWER | Public Sewer |
| TAXES | 17336 |
| UTILITIES | Propane |
| WATER | Public |
| WATERFRONT | Yes |
TOTAL MONTHLY PAYMENT
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