518 Us Route One is aretail property for lease in Kittery, ME.
26,906+/- sf, mixed-use plaza
Excellent visibility and exposure to US Route One
Significant opportunities to improve NOI
Ideal for buyer looking to reposition investment property
Constructed in 1981, the wood frame building consists of 8,050+/- sf spread over two floors. The first floor consists of 4,050 sf and the second floor consists of 4,000 sf. The building dimensions are approximately 40 feet by 100 feet. Building One is located to the rear of the property and currently contains a day care, a variety of offices spaces, and one residential apartment on the second floor.
Constructed in 1989, Building Two is also wood frame construction and it consists of 18,856+/- sf spread over two levels. The first floor consists of 6,340 sf and the second floor consists of 12,516 sf. The building dimensions are approximately 60 feet by 200 feet on the top level and 30 feet by 200 feet on the bottom level. Each floor has direct access to a parking lot. Building Two is located in the front portion of the property with excellent visibility from US Route One. It is currently occupied by Domino’s in a portion of the first floor, with a nursery and a multi-use office on the second floor.
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- Chris Norwood, agent and Rofo Pro