OFFERED FOR SALE Riverbank Redevelopment Opportunity 12 Chase Hill Road, Kennebunk Lower Village Offering Highlights Existing 6,700 SF, 2-story building with penthouse overlooking the Kennebunk River Superior semi-private location in the heart of Kennebunk Lower Village Large 0.6-acre site with private yard and expansive parking lot Numerous possible commercial or residential redevelopment possibilities EXCLUSIVELY OFFERED AT: $1,000,000
PHYSICAL CHARACTERISTICS Offering Overview SUMMARY LUX Realty is pleased to exclusively offer for sale 12 Chase Hill Road, an existing commercial and/or residential building overlooking the Kennebunk River, in the heart of Kennebunk Lower Village. This well-located property is in shell condition and is ready for redevelopment. This property is both zoned and conducive to uses such as lodging, events center, retail commercial or a private clubhouse or residence. The parking lot is paved and striped with a total of 37 total spaces. It s subject to permanent easements to two nearby properties 12 Western Avenue and 1 Chase Hill Road for 15 and 6 spaces, respectively, leaving 15 spaces available for the owner s exclusive use. The parking lot is also subject to driveway access easements for two abutters. The yard facing the river is a private grass lawn. It s perimeter is flanked by a 7 stockade fence, a concrete retaining wall and mature arborvitae, which are all located within the property boundary. Aerial photo of 12 Chase Hill Road approximate site boundaries.
PHYSICAL CHARACTERISTICS Photos
FLOOR PLANS Ground Level Covered Porch Deck Dn Reception Up Up First Floor Plan Scale: 1/8" = 1'-0" April 17, 2014 Ci rehenda ndiatatem estia dolorrumque dem aut ad qui sed eum etur rempos es se sundeles sunt eossinciam.
FLOOR PLANS Second Level P Dn Second Floor Plan Scale: 1/8" = 1'-0" April 17, 2014 Ci rehenda ndiatatem estia dolorrumque dem aut ad qui sed eum etur rempos es se sundeles sunt eossinciam.
FLOOR PLANS Lower Level Yard elec furnace Cooler Lower Level Plan Scale: 1/8" = 1'-0" April 17, 2014 Ci rehenda ndiatatem estia dolorrumque dem aut ad qui sed eum etur rempos es se sundeles sunt eossinciam.
PHYSICAL CHARACTERISTICS Site Plan Partial Site Plan of 12 Chase Hill Road, Kennebunk.
LOCATION OVERVIEW Location & Market Area The Kennebunks, which include Kennebunk, Kennebunkport and Arundel, Maine are located along Maine s idyllic southern coast. Located just 90 miles north of Boston, the Kennebunks are an attractive, year-round oceanside village enclave offering historic inns, restaurants, shops as well as beaches, destinations and natural beauty. Located in the Kennebunk Lower Village, 12 Chase Hill Road is situated within the village setting among inns, retail shops and restaurants along Western Avenue, a corridor of vibrant tourism with significant foot and vehicle traffic. Please visit www.visitthekennebunks.com for more information. Locus map of 12 Chase Hill Road within Kennebunk Lower Village.
LOCATION OVERVIEW Property Data PROPERTY 12 Chase Hill Road, Kennebunk ME 04043 EASEMENTS Subject to two (2) separate parking easements for 15 and 6 parking spaces, respectively, along with two (2) driveway access easements for abutters. BUILDING SIZE 6,672 +/- SF, 3 Levels SITE SIZE 0.58 +/- Acres BUILDING TYPE/CONSTRUCTION Two-story wood construction building with daylight basement. Gutted interior. Parking lot paved, striped and illuminated. BUILDING AGE c.1985 ZONING Lower Village Business LVB permitting numerous uses. See municipal zoning ordinance: https://www.kennebunkmaine.us/document- Center/View/2576/Article-8-Section-11-of-6-10-2014?bidId= WATER/SEWER Municipal REAL ESTATE TAX $864,800 valuation @ $16.55 mil rate = $14,398/year
Please contact: DAREN HEBOLD, CCIM President dhebold@luxrealty.com 207 / 329.5092 MARC A. ANTON, JR. Partner 207 / 712.1387 LUXREALTY.COM MAINE TO NEW YORK No warranty or representation, express or implied, is made as to the accuracy of the information contained herein. The same is submitted subject to errors, omissions, change of price or other conditions and withdrawal without notice. Seller and Lux Realty, LLC at their sole discretion reserve the right to reject any proposal or expression of interest as well as to terminate discussions with any prospective buyer at any time without prior notice.