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    424 Us Route 1 Kittery, ME 03904

    Sponsored
    For Sale
    $549,000

    High-traffic Route 1 location, ample parking.

    Property size:
    2,208 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, situated on a prominent 0.55-acre lot at 424 US Route 1 in Kittery, Maine, presents a unique investment opportunity. Boasting a high daily traffic count of 15,000 vehicles, this location offers unparalleled visibility and accessibility for a diverse range of businesses. The 2,208-square-foot building features three spacious 12-foot-tall bays, ideal for various commercial uses, previously operating as a car wash. In addition, the property includes over 300 square feet of office space, providing ample room for administrative functions or a small retail area. Ample on-site parking is available, ensuring convenience for both employees and customers. Its strategic location offers easy access to Interstate 95 via an on/off ramp just over a mile away, placing it within close proximity to Portsmouth, New Hampshire

    Property Features for 424 Us Route 1

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,208 SF
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1999
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kittery
    County
    York
    State
    Maine
    Longitude
    -70.72112
    Latitude
    43.12014

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic Route 1 location, ample parking.
    Where is this mixed-use property located?
    The property is located at 424 Us Route 1 Kittery, ME.
    What is the asking price?
    The asking price for this property is $549,000.
    (207) 967-9900
    Request Owner's contact information
    424 Us Route 1 Kittery, ME 03904
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    Kittery, ME 03904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    424 Us Route 1 Kittery, ME 03904
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