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Multi-Suite Mixed-Use Property

7 Agatha James Drive #6, Kennebunk, ME 04043

For Sale
$485,000

Two floors provide adaptable office and service-room layouts, with sinks, bathrooms, a kitchen, and a waiting area.

Property Size2,702 SF
Price / SF$179.50
Days on Market463

Property Features for 7 Agatha James Drive #6

General Information

Standard status Active
Size 2,702 SF
Property subtype Commercial
Zoning MRCU -Commercial Uni

Site & Location

Highway Access Yes
Road Access Yes
Mixed-Use Components retail, office

Additional Details

Sprinkler System Yes
Office Units 6
Property Use Office

Taxes and HOA fees

Annual Taxes $6,792

Amenities

front porch
large front lawn
enclosed storage
signage

Building Details

Building Size 2,702 SF
Year Built 2007
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: McKechnie Commercial Realty
Listed By: Suzanne McKechnie
Source: Integrityhomesrealestategroup
Added: Aug 6, 2025 Changed: Nov 11 Last Checked: Nov 11 at 2:13AM

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 McKechnie Commercial Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,702-square-foot, two-story mixed-use building has a flexible interior currently arranged with several offices or retail areas, two bathrooms on the first floor, a kitchen, and a second-floor waiting room and bathroom with a shower. Some rooms have sinks, and the building is fully sprinklered. Exterior features include a front porch, lawn, small trees, and enclosed storage. Residential use is not permitted.

The property is in Kennebunk, with road frontage and signage along US Route 1/York Street. A setback from the road provides separation from traffic. The building is zoned MRCU -Commercial Uni. HOA maintenance and repair covers the building from the studs through the exterior, as well as landscaping and parking lots; condo documents provide the specific terms.

Key Highlights

  • 2,702‑square‑foot, two‑story mixed‑use building
  • Flexible layout includes offices or retail areas, a kitchen, waiting room, and bathrooms
  • Fully sprinklered; several rooms include sinks

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,259
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,180 $885.2K
Cap Rate 7%
$632,271 $632.3K
Cap Rate 9%
$491,767 $491.8K
Market Conditions
NOI Build-Up for 2,702 SF
Gross rent
$67.4K $24.96/SF
− Vacancy
−$8.4K −$3.12/SF
EGI
$59.0K $21.84/SF
− OpEx
−$14.8K −$5.46/SF
NOI
$44.3K $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%
$885,180
Cap Rate 7%
$632,271
Cap Rate 9%
$491,767

Alternative Uses

Best Use
Office B
$632.3K
$553.2K – $737.7K (±1% cap)
NOI $44,259 @ 7.0% cap · market cap 9.13%
Second Best
Mixed Use
$479.4K
$419.5K – $559.3K (±1% cap)
NOI $33,559 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$856.5K
$749.5K – $999.3K (±1% cap)
NOI $59,956 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Local Bottega Specialty Food Shop

Suggested Use

Top Pick Pharmacy Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Veterinary Clinic

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

6
Office units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

Demographics for 04043, ME

11,536
Population
6,243
Households
1.8
Avg Household Size
52
Median Age
50%
College-Educated
97%
High-School Grad
35.1 sq mi
ZIP Area
329
Density / Sq Mi
$101,204
Median Household Income
$53,283
Median Earnings
$1,405
Median Rent
$460,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in York County, ME

$424 Jul
$374 Aug
$323 Sep
$283 Oct

Properties on Market for Mixed-use properties in York County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two floors provide adaptable office and service-room layouts, with sinks, bathrooms, a kitchen, and a waiting area.
Where is this mixed-use property located?
The property is located at 7 Agatha James Drive #6 Kennebunk, ME.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2,702‑square‑foot, two‑story mixed‑use building; Flexible layout includes offices or retail areas, a kitchen, waiting room, and bathrooms; Fully sprinklered; several rooms include sinks
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