Prime Route 1 Commercial/Residential in York, ME

Retail-Commercial for Sale
Catylist Listing ID: 30474413
Property Subtypes: Mixed Use
Building Size (RSF): 3,351 SF
Gross Building Area: See Agent
Sale Price: $795,000
Unit Price: $237.24 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2020

Overview / Comments

Located on the prettiest section of Route 1 in York, this property is 1.14 acres and zoned commercial-residential. Separated by a fence and mature landscaping, the front half-acre, where the Yarn Sellar Shop is currently located, is zoned commercial. This is the perfect location for a Live, Work, Play lifestyle! Live on the back half-acre in the gorgeous 1600sf 2BR/1BA post and beam barn residence built in 2004 with bright, open concept quarters, vaulted ceiling, and peaceful gardens, and run your business in the 1925 bungalow (1,774sf) with prime frontage on Route 1! Or, convert the retail space back to residential. Just minutes to the Beaches, Shopping, Restaurants and all that York and Kittery have to offer. 21+ parking spots and storage for both retail and residence. Convenient to I-95, York Village and the Kittery Outlets. Location is zoned for residential/retail/office/restaurant.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: YORK-000059-000000-000019A
Zoning: RT 1-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: York and Kittery
Property Visibility: Excellent
Largest Nearby Street: US-1
Highway Access: Easy access to I-95 from York Exit
Airports: PWM, BOS, MHT
Site Description: Level
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 3
Property Condition: Excellent
Year Built: 1925
Year Renovated: 2004
Construction/Siding: Wood Shingle
Total Parking Spaces: 30
Parking Type: Surface
Heat Type: Electricity, Oil, Hot Water
Heat Source: Baseboard, Central
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: Interior of Residence is traditional post and beam style with exposed wood. Retail building is Bungalow style with open floor plan and existing fireplace. Bathroom is on second floor with open concept office space.
Lot Frontage: 250
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,942 29,706
Median Age: 48.66 44.67
Households: 5,631 13,535
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