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Property profile & analytics
OFF-MARKET Estimated value $685,000
Office Spaces

32 York St York, ME 03909-1309

2,548 SF 0.69 ac lot Built 1992
Individually Owned 4-yr Hold Free & Clear
Property ID
US42-0522343
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1992
Total area 2,548 SF
Lot 0.69 ac (30,056 SF)
Zoning code RT1
APN YORK M:0048 B:0045 L:0001
UPID US42-0522343
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Psychiatry Associates of York Hospital Hospital
  • Jennifer Keefe Physician
  • Jill Colton-Spina Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$685k
Comparable Approach Comparable
$659k
Blend (final) Blend
$685k
Owner & transaction history
Jean Tidwell S Madison T · 4 yrs held
Jean Tidwell S Madison T
since 2021
2 recorded transactions
2021
Price N/A
2015
Price N/A
Zoning & alternative use
RT1 · York, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $710,000 +43.5%
Commercial (general) $705,000 +43.2%
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