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    746 Us-1 York, ME 03909

    Sponsored
    For Sale
    $1,400,000

    Route 1 Retail, Office & Apartment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 746 US Route One in York, Maine, presents a unique investment opportunity. Located on a high-traffic section of Route 1, this property boasts excellent visibility and diverse income streams. The main building, formerly housing York Antiques Gallery, features over 30 individual vendor booths, providing substantial rental income potential. A separate carriage house offers additional retail space, ideal for a complementary business or expansion. Adding to the property's versatility, a residential apartment is included, providing further income generation or owner occupancy. The property's zoning, designated Route One-3, allows for a wide variety of uses, offering flexibility for future development or adaptation to changing market demands. The asking price is $1,400,000. This property is situated in York County, Maine, with the precise address being 746 US-1, York, ME 03909 (latitude 43.16318, longitude -70.6462398). The property's combination of retail, office, and residential components makes it an attractive investment for those seeking a diversified portfolio or a unique business opportunity in a high-demand location. The substantial existing tenant base provides immediate cash flow, while the flexible zoning allows for future growth and adaptation. This is a rare opportunity to acquire a well-established, high-visibility property in a thriving Maine coastal community.

    Property Features for 746 Us-1

    General Information

    Property type
    Office space

    HighLights

    • High visibility from Route 1.
    • Multiple suites available for lease or purchase.
    • Flexible zoning (Route One‑3) allows diverse commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Maine
    Longitude
    -70.6462398
    Latitude
    43.16318

    Nearby Comparable

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    Nearby Similar for Sale

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    • $1,899,500
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      Commercial Condo on Route One

      3,125 SF commercial condo on busy Route One.
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    • $1,400,000
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      Mixed-Use Retail and Residential Investment

      Mixed-use retail and residential investment property on Route One.
      746 Us Route 1, York, ME 03909
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    • $385,000
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      Route One York Commercial Condo

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      941 Us Route 1, York, ME 03909
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      York Office Space: Prime Location

      6,120 SF Office, High Visibility, Ample Parking
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      Route One Flex Space For Sale

      York, ME commercial condo: 3,125 sq ft, high traffic location.
      433 Us-1, York, ME 03909
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    FAQs

    What type of property is this?
    Office space - Route 1 Retail, Office & Apartment
    Where is this office space located?
    The property is located at 746 Us-1 York, ME.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: High visibility from Route 1.; Multiple suites available for lease or purchase.; Flexible zoning (Route One-3) allows diverse commercial uses.
    Request Owner's contact information
    746 Us-1 York, ME 03909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    746 Us-1 York, ME 03909
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