1.5 ac. US Rte One York, ME Re-Development Site

Special Purpose for Sale
Sale Pending/Contingent
Catylist Listing ID: 30392616
Status: Pending/Contingent
Building Size (RSF): 14,500 SF
Gross Building Area: 14,448 SF
Gross Land Area: 1.46 Acres
Sale Price: $445,000
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/23/2019

Overview / Comments

High visibility 1.5 Acre US Rte One Business Development Site. 11,000 SF two-story block commercial building with 3,000 SF +/- 2nd story residence . 2-3 connected outbuildings.

Gravel and dirt area parking in front and sides with access for trucks to overhead doors and loading docks at multiple locations into building. Near York business district, Kittery Town Line and close to Portsmouth NH. Minutes from Maine Turnpike York Interchange. Warehouse and storage on 1st and 2nd floors. Residence on 2nd floor may be non-conforming. Cash to Seller.

Property to be sold in "as is" "where is" condition

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $5,500 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Town of York, Maine
Tax ID/APN: 2813
Zoning: ROUTE 1-2
Property Located Between: York Turnpike Interchange and Kittery Town Line
Property Visibility: Excellent
Largest Nearby Street: US Rte 1
Feet of Frontage: 300
Traffic/Vehicle Count: 12,000
Highway Access: One (1) Mile to Maine Turnpike Exit 7 York
Site Description: Ready for re-development
Area Description: High traffic residential and business corridor
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 10,000 SF
Property Condition: Fair
Year Built: 1960
Year Renovated: 1999
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block with retail storefront
Parking Type: Surface
Parking Description: Gravel/dirt lot with one (1) curbcut to Route 1
Sprinklers: None
Heat Type: Oil, Space Heaters, Suspended Radiant Heaters
Heat Source: Wall Units, Other
Interior Description: Warehouse. Needs work. Property sale includes previous owner personal property of little value.
Zoning Description: Route One-2 Zone (Small Makes Sense) To establish an area where: 1. Small scale commercial, office and service business uses can prosper; and 2. Residential use can co-exist with commercial use.
Lot Frontage: 300
Lot Depth: 250
Water Service: Municipal, Well, Other
Sewer Type: Septic
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,817 35,471
Median Age: 46.72 43.93
Households: 5,059 16,356

Contact

Photograph of Listing Agent

Anthony J. Donovan

KW Coastal Realty NECPE Member
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