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Mixed-Use Property with Retail
For Sale
$3,499,000

3 Union Street, Kennebunkport, ME 04046

Commercial Sale, Kennebunkport, ME

Property Size6,258 SF
Lot Size0.54 Acres
Price / SF$559.12
Days on Market133

Property Features for 3 Union Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning DS
Standard status Active
Size 6,258 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5386

Building Details

Year built 1850
Listing Agency: First Maine Real Estate
Listed By: Paul Connolly
Added: Apr 30 Changed: Sep 2 Last Checked: Sep 9 at 9:06PM
MLS# 1656890

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property encompasses 6,258 square feet on 0.54 acres and dates to 1850. The existing commercial program includes a full-service pizza restaurant with a beer and wine license, an ice cream shop, a toy and book store, and multiple Airbnb rental units. The combination of food service, retail, and lodging occupies one property under DS zoning.

Situated in Dock Square in Kennebunkport, the parcel includes parking serving the on-site operations, along with additional spaces rented to neighboring businesses. The property’s existing mix provides a range of commercial components within a single 0.54-acre holding.

Key Highlights

  • 6,258‑square‑foot mixed‑use property on 0.54 acres
  • Existing pizza restaurant with beer and wine license
  • Ice cream shop and toy and book store on the property

Property Analytics

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Current Use

The Knotty Elephant (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Electrical Service Pharmacy Plumbing Service Law Firm Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

Demographics for 04046, ME

7,893
Population
4,740
Households
1.7
Avg Household Size
51
Median Age
41%
College-Educated
98%
High-School Grad
44.4 sq mi
ZIP Area
178
Density / Sq Mi
$99,861
Median Household Income
$43,000
Median Earnings
$1,250
Median Rent
$559,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Established commercial property combines food service, retail storefronts, lodging units, and on-site parking in a central coastal setting.
Where is this mixed-use property located?
The property is located at 3 Union Street Kennebunkport, ME.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: 6,258‑square‑foot mixed‑use property on 0.54 acres; Existing pizza restaurant with beer and wine license; Ice cream shop and toy and book store on the property
More about this property
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