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$1,295,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 3 E Grand Ave
General
- Price: $1,295,000
- Taxes: $17,336 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1670684
- Updated: 7/7/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Convenience Store, Commercial, Restaurant, Retail, Fle
Interior
- Flooring: Other
Parking
- Parking Features: 21 or More Spaces
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Oil, Propane, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Wood Siding
- Basement: Yes
- Basement Desc.: Other
- Roof: Shingle
- Square Feet: 7,960
- Year Built: 1940
Lot Features
- Lot Size (Acres): 1.3
- Lot Size (Sq. Ft.): 56,628
- Zoning: Town Village Center
- Lot Description: Water View
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $17,336
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 123
Listed by F.O. Bailey Real Estate (207) 781-1111
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Schools
Schools serving 3 E Grand Ave
School District:Scarborough
| Name | Grades | Distance |
|---|---|---|
Blue Point School 174 Pine Point Road, Scarborough, ME 04074 | K-2 | 1.5 mi |
Wentworth School 20 Quentin Drive, Scarborough, ME 04074 | 3-5 | 3.8 mi |
Scarborough Middle School 21 Quentin Drive, Scarborough, ME 04074 | 6-8 | 3.9 mi |
Scarborough High School 11 Municipal Drive, Scarborough, ME 04074 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3 E Grand Ave
Date
Details
Price
Change
Source
7/07/2026
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3 E Grand Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,336
4%
$1,530,100
—
2024
$16,724
18%
$1,530,100
72%
2023
$14,218
4%
$890,300
—
2022
$13,702
2%
$890,300
—
2021
$13,372
—
$890,300
28%
2021
$13,372
30%
$697,300
—
2019
$10,250
-8%
$697,300
4%
2017
$11,086
28%
$672,300
24%
2016
$8,657
3%
$543,800
—
2015
$8,423
3%
$543,800
—
2014
$8,211
2%
$543,800
—
2013
$8,032
—
$543,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3 E Grand Ave
3 E Grand Avenue, Scarborough, ME 04074 (MLS# 1670684) is a Commercial property. 3 E Grand Avenue is currently listed for $1,295,000 and was received on July 07, 2026. Want to learn more about 3 E Grand Avenue? Do you have questions about finding other Commercial real estate for sale in Scarborough? You can browse all Scarborough real estate or contact a Coldwell Banker agent to request more information.

