61 Fletcher Street, Kennebunk, ME 04043
COMMERCIAL - Kennebunk, ME
- Added:
- Jun 23, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 25 at 10:06 am
Property Features for 61 Fletcher Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- VR
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Full
- Standard status
- Active
- Size
- 9,645 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8399
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Pellet Stove, Oil
- Water source
- Public
Building Details
- Year built
- 1985
- Flooring type
- Wood, Tile
- Building materials
- Wood Frame, Shingle Siding
- Roof type
- Shingle
Listing agent Katherine Az Ashley Lutkoff (207) 560-1400
Listing office Signature Homes Real Estate Group, LLC 108 Mussey Road, Scarborough, ME (207) 885-0500
Listing date Jun 23, 2026
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.
HighLights
- White Sails Inn is a fully operational boutique inn with 9 ensuite guest rooms in 5,594 SF
- Year built 1985 with wood frame construction and shingle siding
- Commercial‑grade kitchen plus fire suppression and sprinkler systems
- Includes all furnishings and offers off‑street parking
- Three fireplaces with multiple common areas, screened porch, outdoor seating, gardens, and a fire pit
- Public utilities: public water and public sewer; roof is shingle
Overview
The property is located in the Village Residential (VR) zone in the heart of downtown Kennebunk, with sidewalk access to nearby restaurants, shops, galleries, and cafes. It is also within a short drive of the beaches of Kennebunk and Kennebunkport.
For hospitality operators or investors seeking a ready-to-run boutique lodging asset, the existing room count, commercial kitchen, and in-place life-safety systems support immediate continued use. The combination of guest accommodations and shared spaces, along with outdoor gathering areas like the screened porch and fire pit, provides a complete guest experience built into the property configuration.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $289.4k | $30.00 |
| − Vacancy | −$43.4k | −$4.50 |
| EGI | $245.9k | $25.50 |
| − OpEx | −$129.1k | −$13.39 |
| NOI | $116.8k | $12.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kennebunk
- County
- York
- State
- Maine
- Longitude
- -70.5457101
- Latitude
- 43.3914018
