Bought with Non MREIS Agency
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Key Details
Sold Price $1,950,000
Property Type Commercial Sale
Sub Type Retail
Listing Status Sold
Square Footage 5,953 sqft
MLS Listing ID 1540745
Sold Date 12/20/23
HOA Y/N No
Originating Board Maine Listings
Year Built 1894
Lot Size 8,276 Sqft
Acres 0.19
Property Description
We are pleased to present a generational opportunity to acquire waterfront property in the heart of Dock Square in Kennebunkport, Maine. Last sold over 50 years ago, this quintessential property has the best location on the Square, sitting just over the Kennebunk River.
29 Dock Square consists of a primarily single-story structure with a small office and additional storage on the second floor. It is anchored by the award-winning Hurricane restaurant along with a nice assortment of smaller retail establishments. Demand for space in this location is incredibly high, and the property has a consistent backlog of potential tenants. 29 Dock Square benefits from very high foot traffic combined with beautiful views of the waterfront and convenient municipal parking. It is a stable asset providing notable rental upside as well as some creative expansion potential.
Location
State ME
County York
Zoning SGD
Rooms
Basement None
Interior
Heating Forced Air
Exterior
Garage Reserved, 1 - 4 Spaces, Other
Waterfront No
Waterfront Description River
View Y/N No
Roof Type Tar/Gravel
Parking Type Reserved, 1 - 4 Spaces, Other
Building
Lot Description Water View, Water Frontage, Downtown, Historic District, Near Shopping, Retail Strip
Building Description Clapboard, Fire System
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Clapboard
Others
Energy Description Electric
Financing Cash
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327