Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30811112
Property Subtypes: Mixed Use, Street Retail, Other
Condo? Yes
Building Size (RSF): 1,365 SF
Sale Price: $675,000
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: 3 Island Ave
Usable Size (USF): 1,365 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 7/18/2022

Overview / Comments

Mixed use commercial space with 57 FT Boat slip located right on Badger's Island in Kittery Maine!

This investment opportunity is located in a high traffic area between downtown Portsmouth and Kittery Foreside. With new exciting establishments coming soon in this area...it is the perfect time to lean in and build your vision for your business or restaurant. you wil not want to wait. Come see if this space is for you!
* Current tenant fully leased until April 2024*

Additional Details

Nearest MSA: Portland-South Portland-Biddeford
County: York
Taxing Authority: Kittery
Tax ID/APN: KITT-000001-000000-000001-000008
Is Condo?: Yes
Zoning: MU-BI
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Portsmouth, NH and Kittery Foreside, ME
Property Visibility: Excellent
Largest Nearby Street: Hwy 1
Traffic/Vehicle Count: 11,000
Site Description: Street Level Frontage Water View Water Frontage Deep Water Access Boat Slip Downtown Near Shopping 5-10 parking spaces Has Basement Public Water and Sewer
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,365 SF
Property Condition: Excellent
Year Built: 1900
Construction/Siding: Wood Siding
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity, Propane
Air Conditioning: Engineered System
Lot Frontage: 682 FT
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,975 26,035 43,736
Median Age: 40.85 41.99 43.11
Households: 3,913 12,353 19,842
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