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3 E GRAND AVE
SCARBOROUGH, ME 04074-7224
Asking Price
$1.29M
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 7,960 SqFt <p><strong>Prime Mixed-Use Investment Opportunity in Pine Point, Scarborough</strong></p><p>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 atm
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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559