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    157 Summer St Kennebunk, ME 04043

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    For Sale
    $995,000

    Established convenience store with loyal following, known for lobster rolls.

    Property size:
    1,668 SF
    Lot size:
    0.25 Acres

    Property Features for 157 Summer St

    General Information

    Size
    1,668 SF
    Lot size
    0.25 Acres

    Source: The Dunham Group Agent Joe Atwood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Store in Historic Kennebunk

    This turnkey business, known as the Landing Store, has operated for over 100 years in the historic district of Kennebunk. The 1,668-square-foot property is a convenience store offering breakfast and lunch, and is known for its lobster rolls and muffins. Outdoor seating enhances the property's character. The sale includes the business and all assets. Gross sales exceed $1.1M.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Landing Store Deli Mainely ATMs Atm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kennebunk
    County
    York
    State
    Maine
    Longitude
    -70.5097904
    Latitude
    43.3781412

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    FAQs

    What type of property is this?
    Grocery and convenience store - Established convenience store with loyal following, known for lobster rolls.
    Where is this grocery and convenience store located?
    The property is located at 157 Summer St Kennebunk, ME.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Turnkey business with established, loyal customer base.; - Proven profitability with gross sales exceeding $1.1M.; - Prime location in the historic district of Kennebunk.
    (207) 773-7100
    Request Owner's contact information
    157 Summer St Kennebunk, ME 04043
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    Kennebunk, ME 04043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    157 Summer St Kennebunk, ME 04043
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