31 Western Ave Kennebunk, ME 04043-7354

Property Details for 31 Western Ave

Year built

1900

Construction

FRAME

Lot size

1.58 lot acres

Property size

2,404 SF

Property type

Retail properties

APN

KENB M:089 L:091 U:004

APU

KENBM089L091U004

Description

This exceptional offering presents a unique opportunity to acquire a thriving spa business and its accompanying real estate in Kennebunk, Maine's desirable Lower Village. The property, located at 31 Western Avenue, encompasses a well-maintained, two-story building totaling 2,950 square feet on a 1.58-acre lot (APN: Map 089, Block 091, Lot 004). Built in 1900, the structure is zoned LVB - Lower Village Business, providing flexibility for future expansion or adaptations. The current business, operating successfully for over 17 years, boasts a loyal clientele of both locals and tourists. Included in the sale are the building and land, fixtures, furniture, and equipment (FF&E), and the established goodwill of the business. Currently operating four days a week, there's significant potential to increase revenue by expanding operating hours, particularly during peak seasons. The second floor offers ample space for expansion, allowing for additional treatment rooms or services. This turnkey operation presents a rare combination of a profitable business and a valuable real estate asset in a highly sought-after location. The asking price for this complete package is $1,390,000. This is an exceptional opportunity for an investor seeking a profitable, established business with significant growth potential.

Location Insight

City

Kennebunk

County

York

State

Maine

Longitude

-70.4841

Latitude

43.3596

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments