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Six-Unit Retail and Office Property

51 Western Avenue, Kennebunk, ME 04043

For Lease
Contact for pricing

Several adjoining condominium units offer leaseback or owner-user availability within a commercial association.

Space Size602 SF - 796 SF
Days on Market16

Property Features for 51 Western Avenue

General Information

Standard status Active
Size 602 SF - 796 SF
Property subtype Retail
Lease Type NNN

Lease Terms

Lease Rate $25 /SF/YR
Rent per SF/Year $25
Flexible Term Yes

Additional Details

Space Use Retail/Office
Currently Operating Yes

Building Details

Tenancy Multi

Spaces For Lease

at 51 Western Avenue Contact us

Unit 4 Active

Size 609 SF
Contact us

Unit 5 Active

Size 602 SF
Contact us

Unit 6 Active

Size 796 SF
Contact us
Listing Agency: Malone Commercial Brokers
Listed By: John Doyon · License ME #212294
Source: Crexi
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 8 at 4:40PM

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 Malone Commercial Brokers

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Six connected retail and office condominium units form this commercial property. Units 1 through 3, with Unit 4 potentially included, are offered through a sale-leaseback arrangement, with Hurlbutt Designs seeking a lease of at least five years. Units 4 through 6 are available for an owner-user, and the preference is to sell those three units together.

The property is located at 51 Western Avenue in Kennebunk, Maine, within a commercial association that includes Lindall Cedar Homes and Sunrooms, Lower Village Frameworks, Home & Kitchen Concepts, Kennebunk Outfitters, and All Day Breakfast.

Key Highlights

  • Six adjoining retail and office condominium units
  • Units 1–3, potentially including Unit 4, are available through a sale‑leaseback arrangement
  • Hurlbutt Designs seeks a lease of five years or longer

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gallup Counseling Counselor Hurlbutt Designs LLC Interior Design Kennebunk Outfitters (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Pharmacy Law Firm Electrical Service Plumbing Service Building Supply

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
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Retail space in York County, ME

$20.84 Jul
$21.03 Aug
$44.92 Sep
$60.18 Oct

Properties on Market for Retail space in York County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Several adjoining condominium units offer leaseback or owner-user availability within a commercial association.
Where is this retail space located?
The property is located at 51 Western Avenue Kennebunk, ME.
What are key features of this property?
This property features: Six adjoining retail and office condominium units; Units 1–3, potentially including Unit 4, are available through a sale‑leaseback arrangement; Hurlbutt Designs seeks a lease of five years or longer
(207) 772-8300 Call to check price and availability
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