941 US 1, York, ME

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30815148
Property Subtypes: Garden Center, Other
Building Size (RSF): 5,870 SF
Gross Land Area: 17.80 Acres
Sale Price: $3,500,000
Unit Price: $596.25 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 12.56%
Average Occupancy Rate: 100
Last Updated: 9/25/2022

Overview / Comments

Coastal Landscaping and Garden Center in York, Maine, is a family-owned and operated full-service garden center. This greenhouse has served commercial landscapers and homeowners with quality landscape supplies for over 30 years. The site has acreage to expand as well as other growth opportunities in expanding products and is a turnkey operation looking for the right investor who can continue the legacy built in serving this affluent community.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 0094-0075-C
Zoning: RT 1-2
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: US Highway 1
Traffic/Vehicle Count: 17,000
Highway Access: I-95
Site Description: The site is very clear, with close access to I-95 and within a 15 minute commute of Portsmouth NH.
Area Description: This property is right on Route 1 in York, Maine - a strong residential community with beautiful coastal views and award-winning restaurants and inns. This area has supported year-round businesses. York’s economy and tax base is augmented by the dozens of fine hotels, restaurants and other accommodations operating along the coast. Many spots throughout The Yorks have picturesque views of the famous Cape Neddick Light at Nubble Rock, which has figured in both artists' work and souvenirs of the Maine coast. A photo of the Cape Neddick Light is on the Voyager 1 spacecraft labeled as Seashore, Maine. Visible in clear weather is the 133 foot (40 meter) tall Boon Island Light on Boon Island, located 6.2 miles (10.0 km) off York. Old-fashioned restaurants, like the Goldenrod, maintain the historic character of the York Beach area. Secondary highway with over 17,000 vehicles per day.
Tenancy: Single Tenant
Total Number of Buildings: 22
Number of Stories: 2
Property Condition: Excellent
Year Built: 1987
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Clapbard
Parking Type: Surface
Heat Type: Oil
Heat Source: Other
Air Conditioning: Other
Interior Description: Minimum/Plywood Concrete Finish
Zoning Description: RT 1-2
Lot Frontage: 100
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,390 7,935 14,860
Median Age: 46.94 50.47 49.05
Households: 1,421 3,542 6,435
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