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Property profile & analytics
OFF-MARKET
Mixed-use properties

171-173 Prt Rd Rd Kennebunk, ME 04043

5,579 SF 0.46 ac lot Built 1850
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Kennebunk, Maine, presents a unique investment opportunity. The main building, totaling 5,579 square feet, is currently occupied by a retail tenant, Old Vines, under a lease agreement. The property also includes a sizable 0.46-acre vacant lot, ideal for additional parking or future development projects, offering significant expansion possibilities. This versatile space allows for a variety of uses, catering to both commercial and potential residential needs. The strategic location in Kennebunk ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The property's current income stream from the existing retail tenant provides a stable foundation for investment, while the vacant lot offers substantial upside potential for future growth and increased revenue. Separately available is a two-bedroom residential condominium unit, adding further diversification to this compelling investment package. The asking price for the commercial building and land is $1,900,000. The residential condo is available for an additional $700,000. This combined offering presents a rare chance to acquire a substantial and versatile property in a desirable Maine location. Detailed financial information and lease terms are available upon request.

Property profile
Verified
Property type Mixed-use properties
Year built 1850
Total area 5,579 SF
Lot 0.46 ac (20,038 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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