8-Unit Office Condominium
New
For Sale
$1,699,000
2 Village Park Drive, York, ME 03909
Commercial Sale, York, ME
Property Size6,766 SF
Lot Size7.22 Acres
Price / SF$251.11
Days on Market1
Property Features for 2 Village Park Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RT1-4
Rooms
Basement
Interior features
Storage
Basement
Unfinished, Full
Accessibility
Accessible Approach with Ramp
Lot features
Near Turnpike/ Interstate, Business District, Near Shopping, Office Park
Standard status
Active
Size
6,766 SF
Lot size
7.22 Acres
Additional Details
Tenant in Place
Yes
Property Use
Office
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Propane (Heating), Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2008
Number of units
9
Flooring type
Carpet, Tile
Building materials
Wood Frame
Roof type
Shingle
Additional Structures
Storage
Buildings
1
Listing Agency:
Anchor Real Estate
Listed By:
Anchor Real Estate
(207) 361-5007
Added: Oct 24
Last Checked: Oct 24 at 7:06AM
MLS# 1685569
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium property contains eight commercial units totaling 6,766 square feet and was built in 2008. Several ground-floor suites have individual exterior doors; upper-level offices are reached through a shared entrance. Interior features include storage, tile and carpet flooring, central air, and a ramped accessible approach. The property sits on 7.22 acres and has public water with private sewer and septic service.
At 2 Village Park Drive in York, the property is near Route One. Most units are leased to commercial tenants under NNN terms, while space is also available. That combination allows for continued tenancy alongside the option to use or lease the available unit.
At 2 Village Park Drive in York, the property is near Route One. Most units are leased to commercial tenants under NNN terms, while space is also available. That combination allows for continued tenancy alongside the option to use or lease the available unit.
Key Highlights
- Eight office condominium units totaling 6,766 square feet
- 7.22‑acre property at 2 Village Park Drive in York, near Route One
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,827
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,216,540
$2.2M
Cap Rate 7%
$1,583,243
$1.6M
Cap Rate 9%
$1,231,411
$1.2M
Market Conditions
NOI Build-Up for 6,766 SF
Gross rent
$168.9K $24.96/SF
− Vacancy
−$21.1K −$3.12/SF
EGI
$147.8K $21.84/SF
− OpEx
−$36.9K −$5.46/SF
NOI
$110.8K $16.38/SF
Area
York County, ME
Vacancy
12.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,216,540
Cap Rate 7%
$1,583,243
Cap Rate 9%
$1,231,411
Alternative Uses
Best Use
Office B
$1.58M
$1.39M – $1.85M
NOI $110,827 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.88M – $2.50M
NOI $150,135 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 03909, ME
10,938
Population
7,101
Households
1.5
Avg Household Size
53
Median Age
50%
College-Educated
98%
High-School Grad
35.2 sq mi
ZIP Area
311
Density / Sq Mi
$108,889
Median Household Income
$55,540
Median Earnings
$1,438
Median Rent
$589,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Existing triple-net tenancy is complemented by space available for occupancy or leasing.
Where is this office building located?
The property is located at 2 Village Park Drive York, ME.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Eight office condominium units totaling 6,766 square feet; 7.22‑acre property at 2 Village Park Drive in York, near Route One; Built in 2008
