68 Me-236, Kittery, ME 03904
This 3,600 square foot, single-story Class C industrial building, situated on a half-acre lot in Kittery, Maine, presents a compelling investment opportunity. Located directly on Route 236, boasting nearly 19,000 vehicles daily, this property offers exceptional visibility and accessibility, just minutes from the Maine Turnpike (Exit 2) and the New Hampshire border. Currently vacant, the building features 1,800 square feet on each level (ground floor and basement), zoned C2-Commercial 2, allowing for diverse uses including light industrial, retail, and warehouse/storage. The property includes one dock-high door and six parking spaces. While the existing private septic system is not currently connected, the town of Kittery plans to provide public water and sewer access for future owners. Electricity is available, though interior lighting is limited. The asking price is $825,000 ($229.17 per square foot). Built in 1965, this property offers significant potential for a variety of businesses seeking a high-visibility location with convenient access to major transportation routes. The APN is 028/028.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.