58 Portland RdKennebunk, ME 04043

Property Details for 58 Portland Rd

Year built

1978

Construction

FRAME

Lot size

1.50 AC

Property size (Sq ft)

9,362 SF

Property type

Office properties

Property subtype

Office buildings

APN

KENB M:038 L:006

APU

KENBM038L006

Description

This 9,362 square foot mixed-use building at 58 Portland Road in Kennebunk, Maine, offers exceptional retail and office space opportunities. Built in 1978 and zoned Prmu - Portland Rd Mixed Use, this property boasts a prime location directly on Route One, placing businesses within the heart of Kennebunk's retail hub. The building currently features multiple tenancies, with 1,738 square feet of vacant space available. Individual suites range from a minimum of 150 square feet to a maximum contiguous space of 588 square feet, providing flexibility for businesses of various sizes. The property is situated in York County and offers a quiet yet highly accessible setting, ideal for professionals seeking a convenient and established business location. This is an excellent opportunity to establish or expand your business within a thriving community. The building's mixed-use zoning allows for a diverse range of commercial uses, making it a versatile option for entrepreneurs and established businesses alike. The address is 58 Portland Road, Kennebunk, ME 04043.

• CAP approach

  CAP return

  Valuation

  6%

  $1,547,818

  6.5%

  $1,428,755

  7%

  $1,326,701

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,223,239

  Geo Method

  $1,223,239

• Alternative Use

  Use

  Valuation

  Residential

  $1,771,657

  Hospitality

  $1,622,828

  Educational

  $1,350,174

  Medical

  $1,396,608

  Retail

  $2,100,270

Location Insight

City

Kennebunk

County

York

State

Maine

Latitude

43.3954

Longitude

-70.5322

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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