12-Unit Mixed-Use Commercial
For Sale
$950,000
37 Western Avenue #1, Kennebunk, ME 04043
Mixed-use property with office suites, established tenants, and recent building improvements.
Property Size7,612 SF
Price / SF$126.67
Days on Market1160
Property Features for 37 Western Avenue #1
General Information
Standard status
Active
Size
7,612 SF
Property subtype
Commercial
Zoning
LVB
Additional Details
Office Units
12
Taxes and HOA fees
Annual Taxes
$6,960
Building Details
Building Size
7,612 SF
Year Built
1986
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Keller Williams Realty
(207) 604-4624
Listed By:
Adam Parent
(207) 604-4624
Source:
Startpoint
Added: Jun 9, 2023
Changed: Aug 9
Last Checked: Aug 10 at 12:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This 7,500+/- SF commercial property contains 12 units configured for small businesses and executive offices. Built in 1986, the building has received a new roof and upgraded flooring. Long-term tenants are in place, and parking is available on the property. Zoning is LVB.
The property is situated in Lower Village Kennebunk at 37 Western Avenue, with Dock Square within short walking distance. Portland is approximately 30 minutes away, while Boston is approximately 1.5 hours away. Its combination of office-oriented space, multiple units, existing tenancy, and recent improvements provides a straightforward mixed-use commercial configuration.
The property is situated in Lower Village Kennebunk at 37 Western Avenue, with Dock Square within short walking distance. Portland is approximately 30 minutes away, while Boston is approximately 1.5 hours away. Its combination of office-oriented space, multiple units, existing tenancy, and recent improvements provides a straightforward mixed-use commercial configuration.
Key Highlights
- 7,500+/- SF commercial building with 12 units
- Small business and executive office configuration
- Long‑term tenants in place
Property Analytics
Property Profile
Current Use
Lease Details
12
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 04043, ME
11,536
Population
6,243
Households
1.8
Avg Household Size
52
Median Age
50%
College-Educated
97%
High-School Grad
35.1 sq mi
ZIP Area
329
Density / Sq Mi
$101,204
Median Household Income
$53,283
Median Earnings
$1,405
Median Rent
$460,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with office suites, established tenants, and recent building improvements.
Where is this mixed-use property located?
The property is located at 37 Western Avenue #1 Kennebunk, ME.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,500+/- SF commercial building with 12 units; Small business and executive office configuration; Long‑term tenants in place
