Diversified Income Property With Income Expansion Availability ! Two large buildings 'fully sprinklered' on 2.54 acres with parking for 42 cars. The front building consists of four levels of commercial or residential space or both offering 6,900 SF above grade & 2,640 SF of a partially finished basement with a full walk out stairway on each end of the building. The front tenant pays the heat & electricity. The rear building consists of 5,936 SF, two levels of living space offering Four-3 bedroom ''loft style'' apartments & a one car garage. The electricity & heat are included in the rear buildings monthly rent. The front building is currently being leased as a daycare mainly occupying the 1st level & the outside playground. The 2nd floor, 3rd floor & basement levels have room for future ''major income expansion'' after the lease terminates. All the current leases are below market rate. The front building has a floor plan for 6 apartments. Zoning will allow for 10 apartments total. This property would also make a great 10 unit condo conversion offering very large loft style units, or an office building, restaurant or a combination of uses. 3 minute drive to Kennebunkport's Dock Square & Beaches. Many different options for the creative investor. Great existing tenants. Very nice property & well maintained. Terrific location. Well worth previewing! Seller will contribute towards buyers closing costs.
A unique and rare offering! This duplex located just a block from Goose Rocks Beach, combines modern comfort with coastal charm. Each updated unit features an open concept living space plus 3 bedrooms and 2 baths, providing ample space for relaxation. The property boasts multiple decks and a spacious yard, perfect for outdoor living and entertaining. With a great rental history, this duplex is an excellent investment opportunity, or it can serve as a large, inviting beach home for multi-generational living. The opportunities and options are endless!
The median home value in Kennebunkport, ME is $905,300. This is higher than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Kennebunkport, ME is $905,300. Approximately 47.98% of Kennebunkport homes are owned, compared to 11.35% rented, while 40.67% are vacant. Kennebunkport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kennebunkport real estate agent to arrange a tour today!
Kennebunkport, Maine 04046 has a population of 3,607. Kennebunkport 04046 is less family-centric than the surrounding county with 22.84% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Kennebunkport, Maine 04046 is $87,989. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Kennebunkport 04046 is 54.2 years.
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 49.8 inches per year, with 59.4 inches of snow per year.