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    OFF-MARKET
    Retail properties & Spaces

    6 Ocean Ave, Kennebunkport, ME 04046-6002

    1,270 SF 0.07 ac lot Built 1920
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US42-0569018
    Property summary
    AI-generated overview

    This exceptional 1,661 square foot retail building is situated at 6 Ocean Avenue in the vibrant heart of Kennebunkport's Dock Square. The property boasts a highly desirable location with excellent visibility and significant foot and vehicular traffic, ensuring maximum exposure for any business. The building itself is a standalone structure, offering a unique opportunity for a variety of retail uses. Large storefront windows bathe the interior in abundant natural light, creating an inviting and spacious atmosphere. A distinct separate entrance provides flexibility in layout and presents the potential for additional income streams through subleasing or other creative uses. The 0.07-acre lot provides ample space for outdoor displays or seating, further enhancing the property's appeal. This is a rare chance to acquire a premier retail space in one of Maine's most sought-after tourist destinations, making it an ideal investment for both business owners and long-term investors seeking a stable and high-traffic location. The property's prime location and versatile design make it a truly exceptional opportunity in the competitive Kennebunkport market. The asking price is $1,495,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 1920
    Construction FRAME
    Total area 1,270 SF
    Lot 0.07 ac (3,000 SF)
    Zoning code VD
    APN KENP M:11 B:11 L:2
    UPID US42-0569018
    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
    • Mountain Tops Clothing Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    MOUNTAIN TOPS INC
    MOUNTAIN TOPS INC
    Zoning & alternative use
    VD · Kennebunkport, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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