75 York Street

Multi-Family for Sale
Catylist Listing ID: 30442994
Property Subtypes: Mixed Use
Number of Units: 3 Units
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Gross Land Area: 5.80 Acres
Sale Price: $825,000
Unit Price: $275,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/11/2019

Overview / Comments

Rare Kennebunk,US Route 1 development opportunity with existing 3 unit residential building. Newly adopted 2019 amendments to the Town of Kennebunk’s York Street Mixed Residential and Commercial Use District (MRCU) zoning ordinance, which now allows for increased single family/ multifamily dwellings per square foot, reduced setbacks and other favorable changes, makes this 5.8+- acre property the perfect development site. The 4800+- sq ft building along with the development site is conveniently located from downtown Kennebunk and the I-95 Kennebunk exit. High visibility from US Route 1 with ample on-site parking.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 059-011
Zoning: MRCU
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,085 9,457 18,085
Median Age: 49 50.72 49.42
Households: 966 4,305 7,868

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