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275 US Route 1
Kittery, ME 03904
Retail Redevelopment Location · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
32,832 SF
Building Class
C
Year Built
1969
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.18
Lot Size
4.18 AC
Zoning
C
Parking
172 Spaces (5.43 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage

ABOUT 275 US ROUTE 1 , KITTERY, ME 03904

Maine' s Original Outlet Center. The first property on the Kittery Outlet corridor. Prime visibility and access from interstate 95 and US RT-1. 4.1± acre site with multiplicity of uses from retail to hotel and restaurant. Available for sale or ground lease ($100,000 per acre). Optimum redevelopment opportunity. Joint venture possibility. The Maine office of Tourism reports there were 32 million visitors to Maine in 2008. The Southern Maine Coast received a total of 6.9 million overnight visitors and 4.2 million day visitors, making the Southern Maine Coast region the mot widely visited region in the state. Of these 11.1 million visitors, approximately 48%, or roughly 5.3 million visitors, reported visiting Kittery, generating approximately $571,000,000 in sales. Currently 120+ national retailers, anchored by the Kittery Trading Post, a 125,000 SF specialty sporting goods and apparel retailer, comprise this one-mile corridor along US RT-1.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
KITT-000030-000000-000044
Land Assessment
$3,978,900
Improvements Assessment
$2,979,700
Total Assessment
$6,958,600
  • Listing ID: 3731140

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 275 US Route 1, Kittery, ME 03904

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