Retail / Industrial / Warehouse Pad for Sale in Eliot

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30837825
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Vehicle Related, Other
Building Size (RSF): 5,600 SF
Gross Building Area: See Agent
Gross Land Area: 11.69 Acres
Sale Price: $300,000
Unit Price: $53.57 PSF
Property Use Type: Business
Building Name: Pine Tree Business Park, Pad #5
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 4/14/2024

Overview / Comments

APPROVED Industrial/Warehouse & Mixed Retail Pad for sale conveniently located near I-95. Pad #5 totals 5,600 SF and contains commercial and industrial space for use(s) allowed in the Commercial/Industrial zone regulations of Eliot. The parcel is identified on the town of Eliot Tax Map 29 as Lot 31. Private Septic, Kittery Town Water, 3-phase Electric and Gas hookup all included and will be maintained by the Association.
Seller will bring Town Sewer to the project pads. Buyer will be responsible for the expense to connect to the town sewer.

With only 3 lots left totaling 18,400 SF out of the originally 9 building lots totaling 50,000 SF, Now is the time to bring your commercial opportunity to Eliot's latest, Pine Tree Business Park!

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 029-031-000
Zoning: COMMERCIAL/INDUSTRIAL
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Located Between: Passamaquoddy Lane and Route 236 (Harold Dow Hwy)
Property Visibility: Good
Largest Nearby Street: Route 236 (Harold Dow Highway)
Highway Access: I-95 2.5 miles away
Airports: Portsmouth International Airport at Pease- 8.4 miles, Portland International Jetport- 48 miles, Boston Logan International Airport- 58 miles
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 2021
Total Parking Spaces: 102
Parking Ratio: 4.2 (per 1000 SF)
Parking Type: Surface
Parking Description: Required Parking: Required parking for office space 44,000SF ‘ 0.1 {10%} 1 space/200SF = 22 spaces Required parking for industrial use 44,000SF ‘ 0.9 {90%} 1 space/500SF = 80 spaces Total spaces required = 102 spaces 104 spaces provided, 9 of which are ADA accessible (6.7%)
Zoning Description: Commercial/Industrial (a portion of the parcel is located within the limited commercial shoreland overlay district
Part of Planned Development?: Yes
Lot Frontage: 300
Water Service: Municipal
Sewer Type: Septic
Easements: Other
Legal Description: Eliot Tax Map 29, Lot 31

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,005 43,607
Median Age: 42.78 41.85
Households: 6,511 20,069
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