173 Prt Rd Kennebunk, ME 04043-7803
This exceptional Kennebunkport mixed-use property presents a unique investment opportunity. Located at 171-173 Port Road, this offering encompasses a thriving commercial building currently leased to Old Vines, a well-established bar and restaurant. The 5,579 square foot building, constructed in 1850 and renovated in 2004, sits on a 0.46-acre lot (APN 089/092/002 & 003) and is zoned for Lower Village Business District use. The property also includes a charming two-bedroom, loft-style residential condo with 1.5 bathrooms, providing additional income potential or owner occupancy. This residential unit adds to the versatility of this investment. The property's significant size and location in the desirable Kennebunkport area, within York County, Maine (zip code 04043), offer substantial upside potential. The 0.46-acre vacant lot provides ample parking and possibilities for future development or expansion. The asking price for this remarkable property is $2,600,000. This two-story building represents a rare blend of commercial and residential real estate in a prime location, making it an attractive investment for discerning buyers. The property is currently owned by Friday Morning LLC.
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173 Mercantile (Bike/Boat/Book/etc) Store
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Old Vines Kennebunk Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.