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Property profile & analytics
OFF-MARKET
Commercial real estate

1-A Wiscasset Rd Rd Boothbay, ME 04537

0.63 ac lot
Property ID
Property summary
AI-generated overview

Located at the gateway to the Boothbay Region, this 0.63-acre commercial lot boasts exceptional visibility on Route 27. Its strategic location places it in close proximity to the Boothbay Country Club, Boothbay Common, the Botanical Gardens, and the vibrant downtown Boothbay Harbor. The property includes the existing structure of the former Kenniston Hill Inn, presenting a unique opportunity for rehabilitation or redevelopment. The building sits on a solid 28' x 36' poured concrete foundation, providing a strong base for any future construction. Situated within both the Boothbay Village Center and Watershed Protection districts, the property allows for a variety of commercial and residential uses, subject to town approval. This prime location offers significant potential for a wide range of businesses or developments. Convenient access to public water and sewer services at the street further enhances the property's appeal and practicality. The high visibility and desirable location make this an exceptional investment opportunity in a thriving coastal Maine community. The 0.63-acre lot offers ample space for development, while the existing building provides a solid foundation for a creative vision. This property is ready for its next chapter.

Property profile
Verified
Property type Commercial real estate
Lot 0.63 ac (27,443 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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