for sale : lafayette center


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FOR SALE : LAFAYETTE CENTER Kennebunk, Maine

RARE INVESTMENT OPPORTUNITY!

NAI The Dunham Group is pleased to offer this downtown Kennebunk landmark for sale. Lafayette Center is a meticulously maintained fully redeveloped historic brick building that boasts beautiful views of the Mousam River. This is an excellent investment opportunity with very low vacancy in one of Maine’s premier communities.

Address: 2 Storer Street/4&6 Main Street/2 Berry Court, Kennebunk ME Property Type: Office/Retail Building Size: 62,751± SF Lot Size: 2.14± acres

FOR SALE $5,295,000 contact information

The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

Mark Sandler Tom Moulton, CCIM, SIOR 207.773.7100 [email protected] [email protected] www.dunham-group.com

property details

Assessor’s Reference: Map 28, Lot 58 Deed Reference: Book 13542, Page 334 Building Age: Constructed in1880 Building Construction: Brick & Beam Elevators: 2 Passenger elevators Zoning: Downtown Business Zone HVAC: Gas and oil heat. Central air conditioning. Distributed via air ducts Access: Located on US Route 1 and is 1.5 miles from Maine Turnpike Lighting: High quality and tasteful lighting throughout. The Property offers an abundance of natural light. Flooring: Carpet, tile and wood Parking: Over 135+ on-site spaces Taxes: $59,336.94 (2011-2012) offering details

Net Operating Income: $411,780 actual Sale Price: $5,295,000

SUBJECT PROPERTY

About Kennebunk Kennebunk is located on the southwesterly coast of Maine, just 90 miles north of Boston and 25 miles south of Portland. It has vibrant villages and beautiful sandy beaches, offering a truly wonderful place to live and visit. Kennebunk is rich with tradition and history. Rolling hills and a wide array of open spaces make the town a truly unique and special place. Originally an agricultural and shipbuilding settlement, Kennebunk has evolved into a favorite destination for travelers worldwide. Economic Development Committee Kennebunk’s mission is to promote, support and encourage economic development in the Town through the conduct of research, facilitation and outreach to the business community in accordance with the Town of Kennebunk’s Comprehensive Plan. Every community should be measured as much by the quality of life it provides its citizens as by the positive environment it can create for businesses - both large and small - to grow and prosper. Kennebunk Development Corporation The Kennebunk Economic Development Corporation (KDC) is a non-profit corporation under the State of Maine. KDC provides free and confidential assistance to current and potential new businesses and companies looking to establish or expand their businesses in Kennebunk. The purpose is to encourage and support economic development in Kennebunk. The KDC mission is to create and retain quality jobs for the people of Kennebunk and to foster economic growth of businesses by partnering with public, private and local organizations while enriching the quality of life in the community.