424 US Route 1, Kittery, ME 03904
- Added:
- Jun 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 14 at 1:06 am
Property Features for 424 US Route 1
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MU
- Rooms
- Basement
- Basement
- Unfinished, Partial
- 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
- Concrete, Carpet
- Building materials
- Masonry, Block, Shingle Siding
- Roof type
- Shingle
Listing agent Julie Trask (207) 514-3499
Listing office Coldwell Banker Realty 11 Main St Ste 4, Saco, ME (207) 967-9900
Listing date Jun 13, 2026
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.
HighLights
- Mixed‑use property on US Route 1 in Kittery on a half‑acre parcel with high daily traffic count of 15,000 per day
- Previously used as a car wash with three large 12‑ft tall bays
- Includes just over 300 sq. ft. of office space
- Ample parking and convenient US Route 1 location, just over a mile to the I‑95 on/off ramp
- Construction materials include masonry/block with shingle siding; roof is shingle
- 1999 build with public water and public sewer; heating is natural gas
Overview
The location is positioned for visibility and convenient access along US Route 1 in Kittery. Public remarks note a traffic count of approximately 15,000 vehicles per day. The property is just over a mile to the I-95 on/off ramp and is close to Portsmouth, NH, Portsmouth Naval Shipyard, Route 1 Kittery Shopping Outlets, and nearby York/Ogunquit beaches.
For tenants or buyers seeking an automotive-focused site with existing bay infrastructure, the three-bay configuration and on-site office support day-to-day operations without requiring major layout changes. The MU zoning and roadside placement also make the property worth evaluating for other business concepts that benefit from direct access and parking, subject to applicable approvals.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kittery
- County
- York
- State
- Maine
- Longitude
- -70.670789
- Latitude
- 43.14957