Versatile Commercial Condo
5 Village Park Drive, York, ME 03909
- Added:
- Apr 21, 2026
- Days on Market:
- 43
- Last Refresh:
- Jun 2 at 2:06 am
Property Features for 5 Village Park Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- CD-4
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Full, Walk-Out Access
- Standard status
- Active
- Size
- 1,736 SF
- Lot size
- 7.22 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1
Utilities
- Sewer type
- Septic Tank, Private Sewer, Shared Septic
- Heating system
- Heat Pump (Heating), Electric (Heating), Propane (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 2025
- Flooring type
- Vinyl
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Shingle
Listing agent Anchor Real Estate (207) 361-5007
Listing office Anchor Real Estate 646 US Route 1, York, ME (207) 361-5007
Listing date Apr 21, 2026
MLS# 1649200
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Versatile commercial condo unit designed for contractors, trades, and service‑based professionals.
- Located in a thriving business district with office, retail, and garage functionality.
- Approximately 1,000 sq ft garage with high door, ceilings, and rear parking access.
- Bright, professional office/showroom or retail space on the main level.
- Close proximity to major highways and residential communities for easy access.
- Newly constructed in 2025.
Overview
This commercial condo unit is designed for contractors, trades, and service-based professionals. Located in a business district, the property offers a blend of office, retail, and garage functionality. The main level includes a bright office/showroom or retail space, connected to a warehouse/shop area below. The garage provides approximately 1,000 square feet of space with a high door, ceilings, and access to the rear parking. This unit is suitable for contractors, designers, service providers, or small retailers. The property is located close to major highways and residential communities.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.3k | $24.96 |
| − Vacancy | −$5.4k | −$3.12 |
| EGI | $37.9k | $21.84 |
| − OpEx | −$9.5k | −$5.46 |
| NOI | $28.4k | $16.38 |
1,736 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$406.2K
$355.5K – $473.9K
NOI $28,436 @ 7.0% cap · market cap 5.18%
Second Best
Flex RnD
$347.7K
$304.2K – $405.6K
NOI $24,336 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$550.3K
$481.5K – $642.0K
NOI $38,521 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Map
- City
- York
- County
- York
- State
- Maine
- Longitude
- -70.6822
- Latitude
- 43.1677
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Commercial condo with office, retail, and garage functionality in York.
Where is this flex space located?
The property is located at 5 Village Park Drive York, ME.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Versatile commercial condo unit designed for contractors, trades, and service‑based professionals.; Located in a thriving business district with office, retail, and garage functionality.; Approximately 1,000 sq ft garage with **high door, ceilings, and rear parking access**.
