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Property profile & analytics
FOR LEASE
Office buildings
58 Portland Rd Kennebunk, ME 04043
Entity Owned
~
Est. High Equity
Property ID
US42-0014962
For Lease
1 / 4
$24 SF/Yr
58 Portland Rd, Kennebunk, ME 04043
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Property summary
AI-generated overview
This 9,362 square foot mixed-use building at 58 Portland Road in Kennebunk, Maine, offers exceptional retail and office space opportunities. Built in 1978 and zoned Prmu - Portland Rd Mixed Use, this property boasts a prime location directly on Route One, placing businesses within the heart of Kennebunk's retail hub. The building currently features multiple tenancies, with 1,738 square feet of vacant space available. Individual suites range from a minimum of 150 square feet to a maximum contiguous space of 588 square feet, providing flexibility for businesses of various sizes. The property is situated in York County and offers a quiet yet highly accessible setting, ideal for professionals seeking a convenient and established business location. This is an excellent opportunity to establish or expand your business within a thriving community. The building's mixed-use zoning allows for a diverse range of commercial uses, making it a versatile option for entrepreneurs and established businesses alike. The address is 58 Portland Road, Kennebunk, ME 04043.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
FRAME
Total area
9,362 SF
Lot
1.5 ac (65,340 SF)
APN
KENB M:038 L:006
UPID
US42-0014962
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Oliver's Trade Show Venue (Bike/Boat/Book/etc) Store
-
Patrick Raftery Law Firm
-
kennebunk professional center Business Service Center Corporate Office
-
Dr. Donna Benjamin Physician Medical Clinic
-
Dr. Wesley Mills, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.39M
Owner & transaction history
Courtney Holdings T
Courtney Holdings T
since 2025
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+7.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kennebunk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennebunk submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,815,000
Current use
RESTAURANT
$1,950,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$148 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,158
Tax year 2023
Assessed value
$1,006,700
Assessed 2023
Previous assessed
$1,006,700
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$455,100
Assessed improvement
$551,600
Applied tax rate
36,535.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1978
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
2
Units
15
Total area
9,362 SF
Lot
1.5 ac (65,340 SF)
APN
KENB M:038 L:006
UPID
US42-0014962
Jurisdiction
KENNEBUNK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
FRAME
Heating
BASEBOARD
Stories
2
Buildings
1
Units
15
Lot
1.5 ac
Current owner
From public records · entity-resolved
Courtney Holdings T
Entity
Mailing address
58 PORTLAND RD, KENNEBUNK, ME 04043-6656
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Courtney Holdings T
—
Deed
related
$500,000 · Td Bank NA
Feb 20, 2018
—
Courtney Holdings T
—
Deed
related
$654,000 · Biddeford Savings Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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