32 York St, York, ME 03909-1309
- Office Spaces
- 2,548 SF
- 0.69 lot acres
Current Use by Public Records
- Psychiatry Associates of York Hospital / Hospital
- Jennifer Keefe / Physician
- Jill Colton-Spina / Physician
Property Details for 32 York St
- Year built
- 1992
- Lot size
- 0.69 lot acres
- Zone code
- RT1
- Property type
- Office Spaces
- APN
- YORK M:0048 B:0045 L:0001
- APU
- YORKM0048B0045L0001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 12, 2021 | — | Jean Tidwell S Madison T | Richard P Lampert | Warranty Deed | — |
| Jan 9, 2015 | — | Richard P Lampert | — | Grant Deed · related | $276k · Savings Bank Of Maine |
Description
This exceptional single-tenant office building at 32 York Street in York, Maine, presents a compelling investment opportunity. The property, situated on a 1.38-acre lot, boasts a total of 5,094 square feet, with 2,248 square feet currently vacant. Built in 1992, this Class B building features a single story and offers ample parking with 14 spaces. The property is zoned RT1 and has a 200-amp power supply. The building's layout is ideal for a variety of uses, particularly executive or medical offices. The convenient location in York, Maine, offers easy access to local amenities and a strong regional economy. The property's single-tenant occupancy provides stability and potential for long-term growth. The substantial vacant space presents an excellent opportunity for expansion or lease to a new tenant. The property's features include a well-maintained structure, ample parking, and a desirable location. This is a rare opportunity to acquire a well-positioned office building in a thriving Maine community. The Assessor's Parcel Number (APN) is 31280_114-045, and the property is located in York County. The building's single-story design offers easy accessibility and efficient use of space. This property is ready for immediate occupancy or lease, making it an attractive investment for both owner-occupiers and investors seeking a strong return. The zip code is 03909.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $740,000
- 6.5%
- $685,000
- 7%
- $635,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $658,000
Market price range: $297k - $659k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $495,000 Current use
- RETAIL STORES
- $710,000 Change: +43% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $705,000 Change: +43% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Maine
- Longitude
- -70.6624
- Latitude
- 43.1501
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
