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The Gateway at Scarborough
260 Payne Road, Scarborough, ME 04074

Gateway at Scarborough Site
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)
Created 7/31/2007
Additional Information for 260 Payne Road, Scarborough, ME 04074
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P