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424 US Route 1, Kittery, ME, 03904
Car Wash with Office Bays

424 US Route 1 Kittery, ME 03904

For Sale
$499,000

COMMERCIAL - Kittery, ME

Property Size2,208 SF
Lot Size0.55 Acres
Price / SF$225
Days on Market46

Property Features for 424 US Route 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU
Rooms Basement
Basement Partial, Unfinished
Standard status Active
Size 2,208 SF
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 5106

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1999
Flooring type Carpet, Concrete
Building materials Masonry, Block, Shingle Siding
Roof type Shingle
Listing Agency: Coldwell Banker Realty
Listed By: Julie Trask
Added: Jun 14 Changed: Jul 11 Last Checked: Jul 29 at 4:06AM
MLS# 1575170

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.

Investment Insights

Based on property information with market context.

The property is a mixed-use car wash site featuring three large bays with 12-foot tall openings and just over 300 square feet of office space within the structure. The existing configuration is designed around the bay layout and includes parking to support on-site customer access.

The site is located on US Route 1 in Kittery, ME, and the listing notes a high traffic count of 15,000 vehicles per day. The property is described as being just over a mile to the I-95 on/off ramp and within close proximity to Portsmouth, NH, the Portsmouth Naval Shipyard, Route 1 Kittery Shopping Outlets, and York/Ogunquit beaches.

This offering is for the 0.55-acre parcel under MU zoning, with the car wash improvements and office space already in place.

Key Highlights

  • Mixed‑use property on US Route 1 in Kittery on a 0.5‑acre parcel with 15,000+ vehicles per day traffic count
  • Previously used as a car wash with 3 large 12' tall bays
  • Just over 300 sq. ft. office space included

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 $55.1k $24.96
− Vacancy −$6.9k −$3.12
EGI $48.2k $21.84
− OpEx −$12.1k −$5.46
NOI $36.2k $16.38
2,208 SF · lease $24.96/SF/yr · vacancy 12.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$516.7K
$452.1K – $602.8K (±1% cap)
NOI $36,167 @ 7.0% cap · market cap 7.25%
Second Best
Retail
$383.1K
$335.2K – $446.9K (±1% cap)
NOI $26,814 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$699.9K
$612.4K – $816.6K (±1% cap)
NOI $48,995 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Self service car ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store Furniture & Home Goods Grocery & Convenience Store Auto Repair Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Self service car wash - Car wash property with three 12-foot bays and a small office space on a half-acre MU-zoned parcel.
Where is this self service car wash located?
The property is located at 424 US Route 1 Kittery, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Mixed‑use property on US Route 1 in Kittery on a 0.5‑acre parcel with 15,000+ vehicles per day traffic count; Previously used as a car wash with 3 large 12' tall bays; Just over 300 sq. ft. office space included
More about this property
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