Property summary
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
VerifiedCap rate & NOI
Current use
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Clothing Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
VD · Kennebunkport, MEZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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