Catylist ID:
#30819501
Ideal Live-Work Opportunity
Retail-Commercial
for Sale
Sale Pending
Also listed as Multi-Family, Special Purpose
| Catylist Listing ID: | 30819501 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Other |
| Status: | Pending |
| Building Size (RSF): | 4,200 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.24 Acres |
| Sale Price: | $2,350,000 |
| Unit Price: | $559.52 PSF |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/23/2023 |
Overview / Comments
|
45 Ocean Avenue provides a rare opportunity to acquire a unique and irreplaceable property in the heart of desirable Kennebunkport, Maine. The property consists of a two-story, 4,200± SF building located on a 0.24± acre parcel that includes roughly 10± on-site parking spaces and offers ultimate future flexibility. The second floor is a 3-bedroom, 2.5-bath apartment that can be delivered fully furnished. The property is suitable for an investor interested in re-tenanting the property, or for an owner-user looking to capitalize on the busy Kennebunkport tourist community. The building features infrastructure for a high-end boutique and an incoming salon user. |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | York |
| Submarket/Township: | Kennebunk/Kennebunkport |
| Submarket Type: | Central Business District |
| Taxing Authority: | Town of Kennebunkport |
| Tax ID/APN: | 31120_10-1-8 |
| Zoning: | RIVERFRONT |
| Retail Clientele: | General, Family, Business, Traveler, Tourist |
| Property Visibility: | Excellent |
| Feet of Frontage: | 110 |
| Highway Access: | Not far from the Maine Mall |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 1920 |
| Total Parking Spaces: | 10 |
| Parking Type: | Surface |
| Zoning Description: | Riverfront |
| Lot Frontage: | 110 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | 12448/0158 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,960 | 5,120 | 13,417 |
| Median Age: | 55.52 | 53.55 | 51.89 |
| Households: | 909 | 2,391 | 6,128 |
Contact
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