60-62 ME-236 - Retail FOR SALE


Kittery, ME 03904
$975,000 USD
603-682-3440
60-62 ME-236, Kittery, ME for Sale
$975,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

60-62 ME-236
Kittery, ME 03904


HIGHLIGHTS

  • 6.89± acres of developable land in a rapidly growing southern Maine
  • C-2 zoning supporting a wide range of commercial and mixed-use applications
  • Strong visibility and frontage along Route 236
  • High-exposure corridor with quick access to I-95 and the Maine Turnpike

OVERVIEW

A rare opportunity to acquire three adjoining parcels totaling approximately 6.89± acres along Route 236, a high-visibility corridor in Kittery. The assemblage includes a 1.48±-acre parcel potentially suitable for limited new construction, a 0.48±-acre parcel improved with a 4-bedroom, 1,560± SF Cape-style residence (circa 1962) offering potential for renovation or repurposing, and an additional 4.93±-acre residentially zoned vacant parcel providing supplemental land value and long-term flexibility. C-2 zoning applies to the Route 236 frontage parcels, supporting a range of commercial and mixed-use applications subject to municipal approvals. Due to site constraints, development is anticipated to be concentrated on a single parcel, with the remaining land providing support area, buffer, or future residential use. The combined offering creates a contiguous, road-front footprint in one of southern Maine’s most supply-constrained corridors, with convenient access to I-95, Kittery’s retail centers, the Portsmouth Naval Shipyard, and surrounding communities.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Route 236 Redevelopment Opportunity

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-2

APN/PARCEL ID

KITT-000029-000000-000014

ASK ABOUT THIS PROPERTY

Deana ArdenNAI Norwood GroupMore Info
603-682-3440

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Deana ArdenNAI Norwood GroupMore Info
603-682-3440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.