Historical Hotel & Motel Sale Listing - The Gateway at Scarborough

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The Gateway at Scarborough

260 Payne Road, Scarborough, ME 04074

Gateway at Scarborough Site

Gateway at Scarborough Site

  • N/A
  • 120
  • 80,000 SF
  • Hotel & Motel
  • Economy/ Limited Service
  • Full Service
  • Investment
  • Under Construction/ Proposed
  • 3%
  • 4
  • 2007
  • 3 AC
  • 1 / 1,000 SF
Last Verified  7/27/2010 Listing ID  15265293

Highlights

  • Located at Exit 42 of I-95 with 67,000 vehicles/day
  • Located with new 130,000 SF Cabela's store
  • This is a sale of land permitted for up to 200 hotel units
  • Shopping area under construction, opening May 2008
  • Project includes 80,000 SF plus office park
  • Near beaches, parks, and historic Old Port of Portland

Description

This property is a sale of land for 120 units, site is permitted for up to 200 hotel units. Permits and infra-structure in place. The Gateway at Scarborough is a 75 acre mixed use project including, in addition to the hotel site, retail, restuarants, and an office park. The project is anchored by a new 130,000 SF Cabela's which opened in May 2008. Cabela's is generating over 4 million visitors per year, with approximately 65% from out side the area. The hotel site is permitted for up to 200 hotel units. Price includes all parking and most landscaping in place. There are also permits and infra-structure in place for an 30 acre office park which will generate business customers. The Maine Turnpike (I-95) has 67,000 vehicles per day passing and using Exit 42. The site is also convenient to the Maine's famous Old Orchard Beach, the Maine Mall, and the Old Port of Portland as well as Casco Bay , all great tourist attractions. Scarborough Downs Raceway is one mile east. Further site information can be seen at or at

The site is located Exit 42 of the Maine Turnpike (I-95), which is at the intersection of Haigis Parkway and Payne Road. Route One, is approx. 1 mile from the site via Haigis Parkway. The Maine Mall area with over 140 stores is located approx. 2 miles northeast. Boston is 90 miles to south via I-95. 67,000 vehicles per day pass by or use Exit 42. The Portland Jetport is approximately 3 miles east with direct access from I-95

Map of 260 Payne Road, Scarborough, ME 04074 (Cumberland County)

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Created 7/31/2007

Additional Information for 260 Payne Road, Scarborough, ME 04074