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    70-72 Portland Rd Kennebunk, ME 04043

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    For Lease
    $45 SF/Yr

    Proposed retail development with drive-thru and shop space available.

    Property size:
    15,000 SF
    Lot size:
    9.60 Acres

    Property Features for 70-72 Portland Rd

    General Information

    Size
    15,000 SF
    Lot size
    9.60 Acres

    Source: WRE Commercial Brokers Agent Jay Wise

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kennebunk Retail Development Opportunity

    This property presents an opportunity to lease space within a proposed 30,000 square foot new retail development in Kennebunk. Approximately 15,000 square feet of small shop space is available, with individual units ranging from 1,400 to 5,000 square feet along Portland Road (Route 1). Drive-thru opportunities are available. Up to 20,000 square feet is also available for retail, medical, and/or office space. The location benefits from a traffic count of 13,390 ADT and 5,320 ADT. The median income within a 12-minute drive time is $88,700. The property provides ample parking.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennebunk
    County
    York
    State
    Maine
    Longitude
    -70.5297761
    Latitude
    43.3992472

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    FAQs

    What type of property is this?
    Retail space - Proposed retail development with drive-thru and shop space available.
    Where is this retail space located?
    The property is located at 70-72 Portland Rd Kennebunk, ME.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - High Traffic Count: 13,390 ADT on Portland Road (Route 1); - High Median Income: $88,700 within a 12-minute drive; - New Retail Development: Proposed 30,000 SF
    (207) 329-3499
    Request Owner's contact information
    70-72 Portland Rd Kennebunk, ME 04043
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    Kennebunk, ME 04043
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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
    70-72 Portland Rd Kennebunk, ME 04043
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