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Retail Condominium Units
For Sale
Contact for pricing
Pending

518 US Route 1, Kittery, ME 03904

Condominiumized retail condos reimagined with new parking, lighting, perimeter sidewalks, and landscaping, with space facing Route 1.

Property Size1,500 SF
Days on Market143

Property Features for 518 US Route 1

General Information

Standard status Pending
Size 1,500 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Amenities

parking
lighting
sidewalks
landscaping

Building Details

Tenancy Multi
Listing Agency: SVN The Masiello Group Bedford
Listed By: Peter Gluckler · License #ME 904076
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 29 at 11:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN The Masiello Group Bedford

Investment Insights

Based on property information with market context.

Landmark Hill Square is a mixed-use condominium development in Kittery offering newly constructed retail condominium units. The property is condominiumized and reimagined with updated site improvements, including new parking, lighting, full perimeter sidewalks, and significant landscaping scheduled for the spring.

The developer is offering four new “vanilla box” retail condo units, each approximately 1,500 square feet, in retail space facing US Route 1. These units are being sold roughed in and ready for customization for the operating layout of a future business.

This offering includes end units and middle units within the retail condominium configuration of Landmark Hill Square.

Key Highlights

  • Mixed‑use development with 14 commercial condos and 13 residences, with multiple units already sold and others about to begin construction
  • Entire property is condominiumized with new parking, lighting, full perimeter sidewalks, and significant landscaping scheduled for spring
  • Four new retail condos ("vanilla boxes") about 1,500 SF each facing Route 1

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Aroma Joe's Dining
5,864 visits/mo 0.1 miles

Demographics for 03904, ME

8,148
Population
4,375
Households
1.9
Avg Household Size
42
Median Age
40%
College-Educated
96%
High-School Grad
10.9 sq mi
ZIP Area
748
Density / Sq Mi
$74,551
Median Household Income
$50,752
Median Earnings
$1,458
Median Rent
$415,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Condominiumized retail condos reimagined with new parking, lighting, perimeter sidewalks, and landscaping, with space facing Route 1.
Where is this retail space located?
The property is located at 518 US Route 1 Kittery, ME.
What are key features of this property?
This property features: Mixed‑use development with 14 commercial condos and 13 residences, with multiple units already sold and others about to begin construction; Entire property is condominiumized with new parking, lighting, full perimeter sidewalks, and significant landscaping scheduled for spring; Four new retail condos ("vanilla boxes") about 1,500 SF each facing Route 1
More about this property
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