1 Alewive Park Road

Office for Sale
Catylist Listing ID: 30877000
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.85 Acres
Sale Price: $2,000,000
Unit Price: $166.67 PSF
Property Use Type: Investment
Class of Space: Class B
Usable Size (USF): 12,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2024

Overview / Comments

Conveniently located across from the I-95 southbound Kennebunk exit. Easy access at signaled corner. Great tenant mix with a successful fitness gym as the anchor along with a regional physical therapy center. Ample onsite parking. High traffic count. Current cap rate of 7.4% with potential of 10% at full capacity.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $19,266 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 027020
Zoning: INDUSTRIAL
Construction/Siding: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,891 8,379 20,118
Median Age: 53.93 47.41 47.3
Households: 917 3,632 8,515

Contact

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