Property summary
This exceptional mixed-use property at 30 Ocean Avenue in Kennebunkport, Maine, presents a unique investment opportunity. The 1,980 square foot building, constructed in 1900 and renovated in 2008, boasts a prime location on Ocean Avenue, offering unparalleled visibility. The property features a ground floor storefront and a charming one-bedroom apartment on the second floor. The storefront, currently occupied by a long-standing women's apparel business, will be vacant upon sale, providing flexibility for a variety of retail uses. The space features attractive exposed beams and large windows, creating a bright and inviting atmosphere. Situated on a 0.09-acre lot (Map 11, Block 11, Lot 9, APN), this two-story building is zoned DS - Dock Square. The property's rich history and prominent location make it an ideal investment for both seasoned and aspiring commercial property owners. The asking price is $1,650,000. This is a rare chance to acquire a landmark Kennebunkport property with significant potential for growth and return. The building's solid construction and recent renovations ensure a smooth transition for the new owner. The upstairs apartment adds to the property's versatility and potential rental income. Don't miss this opportunity to own a piece of Kennebunkport's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is indented to promote Village Residential
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
VR · Kennebunkport, METhis district is indented to promote Village Residential
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is indented to promote Village Residential
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for VR in Kennebunkport, ME.
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Find the owner behind the property.
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