2 Storer StKennebunk, ME 04043

Property Details for 2 Storer St

Year built

1880

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

3,029 SF

Property type

Office properties

Property subtype

Other office properties

APN

KENB M:051 L:107 U:309

APU

KENBM051L107U309

Description

Lafayette Center offers unique office suites in a beautifully restored historic mill building at 2 Storer St, Kennebunk, ME 04043. This prime location in York County's vibrant downtown business zone provides easy access to I-95 and US Route 1. The property features exposed brick and beam architecture, creating a distinctive and attractive work environment. Four office spaces are currently available, ranging in size from 144 square feet to 3,012 square feet, catering to a variety of business needs. The building is professionally managed and offers the convenience of complimentary on-site parking. Tenants enjoy the added benefit of an on-site restaurant, stunning river views, and the proximity to a wealth of local shopping and dining options. The building's established tenant base, including notable businesses such as Tom's of Maine and Duffy's Tavern & Restaurant, further enhances its desirability and reflects the thriving business community in Kennebunk's downtown area. This is an exceptional opportunity to secure office space in a highly sought-after location with a blend of historic charm and modern convenience. Contact us today to learn more about available suites and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $500,784

  6.5%

  $462,262

  7%

  $429,244

• Comparable approach

  Method

  Valuation

  Relative Method

  $395,769

  Geo Method

  $395,769

• Alternative Use

  Use

  Valuation

  Residential

  $573,205

  Hospitality

  $525,053

  Educational

  $436,838

  Medical

  $451,861

  Retail

  $679,526

Location Insight

City

Kennebunk

County

York

State

Maine

Latitude

43.3854

Longitude

-70.5422

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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