Mixed-Use Retail and Rental
3 Union Street Kennebunkport, ME 04046
For Sale
$3,499,000
Downtown property with a full-service pizza restaurant, packaged food retail, and multiple short-term rental units supported by ample parking.
Property Size6,258 SF
Price / SF$559.12
Days on Market117
Property Features for 3 Union Street
General Information
- Standard status
- Active
- Size
- 6,258 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1850
Listing Agency:
First Maine Real Estate
Listed By:
Paul Connolly
(603) 433-3350
Source:
Greatislandrealty
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 25 at 6:42PM
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 First Maine Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property on a large downtown parcel includes a full-service pizza restaurant with a beer and wine license, a Ben & Jerry’s ice cream shop, and a toy and book store. The site also has multiple AirBnB rental units, creating a built-in combination of food and retail operations alongside short-term lodging. The property is arranged with ample parking designed to accommodate the various uses on site, with additional spaces rented to neighboring businesses.
Located in the heart of Dock Square, the parcel is described as one of the largest downtown lots, offering more on-site room for parking and operations than smaller storefront configurations. The property’s downtown setting supports day-to-day retail and restaurant activity while also providing a dedicated presence for the on-site rental component.
For buyers and operators, the tenant mix and use variety offer practical flexibility. One option is to expand the existing business model that includes restaurant service, branded ice cream retail, and specialty toy and book retail. Another option is to bring a new concept to the storefront/food service opportunities while continuing the short-term rental units and leveraging the revenue from parking spaces rented to nearby businesses.
Located in the heart of Dock Square, the parcel is described as one of the largest downtown lots, offering more on-site room for parking and operations than smaller storefront configurations. The property’s downtown setting supports day-to-day retail and restaurant activity while also providing a dedicated presence for the on-site rental component.
For buyers and operators, the tenant mix and use variety offer practical flexibility. One option is to expand the existing business model that includes restaurant service, branded ice cream retail, and specialty toy and book retail. Another option is to bring a new concept to the storefront/food service opportunities while continuing the short-term rental units and leveraging the revenue from parking spaces rented to nearby businesses.
Key Highlights
- Year built: 1850
- Over half‑acre lot in the downtown area with ample on‑site parking
- Full‑service pizza restaurant plus beer & wine license
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Knotty Elephant
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Conventional restaurant - Downtown property with a full-service pizza restaurant, packaged food retail, and multiple short-term rental units supported by ample parking.
Where is this conventional restaurant 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: Year built: 1850; Over half‑acre lot in the downtown area with ample on‑site parking; Full‑service pizza restaurant plus beer & wine license
