Kingfield, Maine Commercial Real Estate 1 Listing

Kingfield, Maine: A Premier Destination for Commercial Real Estate

Introduction

Kingfield, Maine, is a small yet strategically positioned town in Franklin County, known for its unique commercial real estate potential. With a population of just over 1,000, Kingfield offers a blend of rural charm and strategic economic opportunities. The town is part of Maine's Western Mountains region, which is characterized by a burgeoning outdoor recreation industry and a supportive environment for small businesses and niche manufacturing. Kingfield’s commercial real estate appeal lies in its proximity to major transportation routes and a growing demand for retail and industrial spaces.

Economic and Industry Overview

Kingfield's economy is primarily driven by the outdoor recreation industry, with tourism playing a significant role. The town is a gateway to popular destinations like Sugarloaf Mountain, which attracts visitors year-round. This tourism influx drives demand for retail spaces and hospitality services. Additionally, niche manufacturing and small-scale production have a foothold in the area, contributing to the demand for industrial properties. The Maine Department of Economic and Community Development is actively supporting initiatives to enhance business growth and infrastructure in Kingfield and surrounding areas.

Strategic Location and Transportation Infrastructure

Kingfield benefits from its strategic location near major transportation routes. U.S. Route 27 runs through the town, providing direct access to the Canadian border and central Maine markets. While Kingfield does not have its own airport, it is within driving distance of Portland International Jetport and Bangor International Airport, facilitating logistics and travel. The town's proximity to these transportation hubs offers logistical advantages for distribution and access to regional labor pools.

Commercial Real Estate Inventory & Zoning

Kingfield's commercial real estate market is characterized by a mix of retail, industrial, and office spaces. The town's central business district (CBD) hosts several retail establishments, while industrial corridors are emerging to support local manufacturing. The town's zoning regulations are designed to support growth while maintaining community character. Kingfield's zoning maps and regulations offer developers insights into potential opportunities and constraints. Recent zoning changes have introduced incentives for mixed-use developments, promoting a vibrant, integrated community.

Major Employers and Institutions

The largest employers in Kingfield include local businesses in the tourism and hospitality sectors, as well as niche manufacturing firms. Sugarloaf Mountain Resort is a significant driver of economic activity, attracting visitors and supporting a range of ancillary businesses. The Franklin County Economic Development Council provides resources and support for businesses seeking to expand or relocate to Kingfield.

Notable Commercial Developments & Projects

Kingfield is witnessing an increase in mixed-use development projects aimed at enhancing its appeal as a year-round destination. Public-private partnerships have been instrumental in revitalizing key areas, and Kingfield is part of an Opportunity Zone, encouraging investment through tax incentives. Developers can refer to the Kingfield Planning Department for information on ongoing and upcoming projects.

Building Permits, Planning, and Development Tools

For developers interested in Kingfield, essential resources include the Kingfield Building and Safety Department and the Planning Commission. These portals provide access to permitting services, parcel map viewers, and the town's development code, ensuring a streamlined process for new projects.

Market Data & Economic Reports

For an in-depth understanding of Kingfield's commercial real estate market, public data from census.gov and the town's open data portal offer valuable insights. Brevitas leverages AI-powered aggregation from these sources, providing real-time market data and economic impact reports. Explore our Brevitas-powered dashboards for comprehensive insights into Kingfield's CRE landscape.

Why Use Brevitas for Kingfield, Maine CRE?

Brevitas stands as the go-to marketplace for Kingfield's commercial real estate, offering AI-driven discovery, real-time market alerts, and smart property pages. Our platform features: