Property profile

116 Ocean Ave Kennebunkport, ME 04046

OFF-MARKET
Commercial real estate
Property ID
US42-0541287
2.2 ac lot Built 1890
Entity Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1890
Lot 2.2 ac (95,757 SF)
Zoning code VR
APN KENP M:8 B:8 L:10
UPID US42-0541287

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nightclub Music Venue

Location

116 Ocean Ave Kennebunkport, ME 04046
Kennebunkport metro Census 27000 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

VR · Kennebunkport, ME
Zoning description

This district is indented to promote Village Residential

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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