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    1306 Alfred Rd Kennebunkport, ME 04046

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    1306 Alfred Rd Kennebunkport, ME 04046


    • Turn key restaurants
    • 1,566 SF
    • 0.33 lot acres
    Off-Market
    Last Sale Apr 8, 2024
    Property ID
    US42-0301192
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1306 Alfred Rd

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.33 lot acres
    Property size
    1,566 SF
    Property type
    Turn key restaurants
    APN
    ARUN M:020 L:005
    APU
    ARUNM020L005

    Description

    This exceptional mixed-use property presents a unique investment opportunity in Arundel, Maine. Situated on a 0.83-acre lot on busy Route 111, this offering encompasses a total of 2,684 square feet of versatile space. The property includes a 1,566 square foot former barbeque restaurant, providing a ready-made space for a variety of food service businesses. Additionally, a 714 square foot residential house offers comfortable living quarters, ideal for an owner-operator. A further 660 square feet of commercial space is permitted for food trucks and a beer and wine garden, adding significant potential for revenue generation. The ample 0.83-acre lot provides extensive parking and excellent signage opportunities, ensuring high visibility for any business operating from the premises. The property's location on Route 111 guarantees high traffic volume, maximizing exposure and accessibility. A portion of this property is located within the town of Lyman. This combined residential and commercial offering is perfect for an entrepreneur seeking a blend of business and living space, or an investor looking for a multi-faceted income stream. The existing structures offer immediate potential, while the permitted uses for food trucks and a beer garden provide exciting avenues for expansion and diversification. Don't miss this chance to acquire a thriving business and comfortable home in a desirable Maine location.


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    Location Insight

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    • Local Demand
    City
    Kennebunkport
    County
    York
    State
    Maine
    Longitude
    -70.5863
    Latitude
    43.4788
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,545
    $62,300
    $87,400
    $149,700
    -
    $0.00
    $0.00
    $0.00
    More about this property
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