275 Us Route 1 Kittery, ME 03904
This exceptional 2.167-acre commercial property at 275 US Route One in Kittery, Maine (zip code 03904), is offered for sale at $2,500,000. The property boasts a highly desirable location within Kittery's bustling Route One retail corridor, providing unparalleled visibility and accessibility. Zoned Commercial 1 (C-1), this versatile site allows for a wide range of commercial uses, including retail, office, and mixed-use developments. Its proximity to the newly opened Hampton Inn & Suites and a five-minute walk to the Kittery Trading Post further enhances its appeal and potential for significant return on investment. The land value is assessed at $100,000 per acre. The property's size and zoning offer considerable flexibility for development, making it an attractive opportunity for investors and businesses seeking a prime location in a thriving market. Common signage opportunities are available, further enhancing visibility and marketing potential. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a prime Maine location. The property's address is 275 US Route One, Kittery, ME 03904, located in York County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.