171-173 Prt Rd Rd Kennebunk, ME 04043
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.