4 Wallingford Sq Kittery, ME 03904-1636
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The Corner Pub Restaurant
Mixed-Use - Kittery Foreside (MU-KF). [Amended 4-11-2022 ; 11-27-2023 ; 11-27-2023 ; 5-13-2024 ; 5-13-2024 ; 12-9-2024 ] A. Purpose. The purpose of the Mixed-Use - Kittery Foreside MU-KF Zone is to provide business, service and community functions within the Mixed-Use - Kittery Foreside Zone and to provide a mix of housing opportunities in the historic urban…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU-KF · Kittery, MEMixed-Use - Kittery Foreside (MU-KF). [Amended 4-11-2022 ; 11-27-2023 ; 11-27-2023 ; 5-13-2024 ; 5-13-2024 ; 12-9-2024 ] A. Purpose. The purpose of the Mixed-Use - Kittery Foreside MU-KF Zone is to provide business, service and community functions within the Mixed-Use - Kittery Foreside Zone and to provide a mix of housing opportunities in the historic urbanized center of the community and to allow for use patterns which recognize the densely built-up character of the zone and the limitations for providing off-street parking. Design standards are used to facilitate the revitalization of downtown Kittery Foreside as a neighborhood center, while promoting economic development of service businesses and walk-in shopping as well as respecting the zone's historic and residential character. B. Permitted uses. The following uses are permitted in the MU-KF Zone: (1) Accessory dwelling units. (2) Dwelling, multifamily 2-4 "limited." (3) Dwellings, single-family. (4) Dwellings, two-family. (5) Dwellings, multifamily. (6) Convalescent care facility. (7) Nursing care facility, long-term. (8) Residential care facility. (9) Accessory buildings, structures, and uses. (10) Home occupation, major. (11) Home occupation, minor. (12) Inn. (13) Hospital. (14) Nursery school. (15) Private assembly. (16) Public facility. (17) Public or private school. (18) Religious use. (19) Recreation, public open space. (20) Commercial fisheries/maritime activities, provided only incidental cleaning and cooking of seafood occur at the site. (21) Commercial school. (22) Art studio or gallery. (23) Business and professional offices. (24) Business service. (25) Personal service. (26) Public assembly area. (27) Restaurant. (28) Retail sales (excluding those where the principal activity entails outdoor sales and/or storage). (29) Specialty food and/or beverage facility. (30) Theater. (31) Marinas. (32) Mass transit station. (33) Parking area. (34) Energy storage system, commercial. (35) Energy storage system, residential. (36) Solar energy system, building-integrated and roof-mounted. (37) Solar energy system, ground-mounted small-scale. C. Special exception uses. The following uses are permitted as special exception uses in the MU-KF Zone: (1) Public utility facility. (2) Research and development. (3) Solar energy system, ground-mounted medium- and large-scale (under 20,000 square feet). D. Standards. (1) The design and performance standards of Chapters 16.7 and 16.8 must be met, except where specifically altered in this subsection. (2) Dimensional standards.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.