Kennebunk development site at Exit 25

Vacant Land for Sale
Catylist Listing ID: 30294375
Property Subtypes: Retail-Pad
Gross Land Area: 42,921 SF
Sale Price: $385,000
Unit Price: $8.97 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/4/2018

Overview / Comments

Independence Park is just off Exit 25 of the Maine Turnpike (I-95). Improvements include the new Hampton Inn, Toddle In day care, Cummings Market, and the Cancer Care unit. The available pad site on Lot D would be ideal for a branded restaurant to serve both Hampton Inn guests and Turnpike travelers interested in more than rest area services. Potential buyers with other uses are also encouraged to consider it. The seller will build to suit. The site is approved and ready for permitting with utilities and drainage in place.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 020-002-004-000
Zoning: 1 ALFRED ROAD CONTRACT ZONE
Property Visibility: Excellent
Largest Nearby Street: Maine Turnpike, Alfred Road
Highway Access: Toll booth north and south at Maine Turnpike (I-95) Exit 25
Site Description: Part of condominium site including newly opened Hampton Inn just off Maine Turnpike Exit 25. Offering is 42,921 square foot common area with 6,984 square foot pad. Pad can be expanded to suit end user requirements.
Lot Frontage: Not applicable
Zoning Description: Contract Zone
Part of Planned Development?: Yes
Development Name: Independence Park
Topography: Level
Easements: Ingress/Egress, Utilities
Easements Description: Limited common area as part of approved condominium site.
Soil Type: Gravel
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,973 18,983
Median Age: 47.9 46.99
Households: 4,297 7,998
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