29 Dock Square Square, Kennebunkport, ME 04046

$1,950,000
Property Type: Commercial Square Footage: 5,953 Lot Size (sq. ft.): 8,276 Status: Closed
Current Price: $1,950,000 List Date: 9/19/2023 Last Modified: 1/13/2025

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.

Supplements: ********

More Information MLS# 1540745

Location Information

Book: 16947 Leased Land: No Page: 0160 Map: 011 Block: 002 Lot: 001 Zoning Overlay: Unknown Association Y/N: No Street #: 29 Street Name: Dock Square Street Type: Square County: York Town: Kennebunkport State/Province: ME Zip Code: 04046 Zoning: SGD Geo Lat: 43.361485 Geo Lon: -70.477858

Property Information

Primary Use: Retail Surveyed: Unknown Lot Size Acres +/-: 0.19 Tenancy: Multiple Tenants Leases: Yes Road Frontage +/-: 100 Total # Floors: 2 Year Built: 1894 SqFt Finished Total: 5953

Location

Downtown: 1 Historic District: 1 Near Shopping: 1 Retail Strip: 1 Water View: 1 Waterfront: 1

Commercial Bldg Information

Confidentiality Statement: Yes Retail SqFt: 5953 Total Units: 5 Traffic Count +/-: 14464

Water Info

Water Frontage: No Water View: Yes Water Body Name: Kennebunk River

Property Uses

Bar/Tavern/Lounge: 1 Restaurant: 1 Retail: 1

Water Body Type

River: 1

Basement

None: 1

Foundation Materials

Pillar/Post/Pier: 1

Exterior

Clapboard: 1

Roof

Tar/Gravel: 1

Heat System

Forced Air: 1

Heat Fuel

Electric: 1

Building Features

Fire System: 1

Parking

Other Parking: 1 1 - 4 Spaces: 1 Assigned: 1

Utilities

Utilities On: Yes

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Status: Closed Original List Price: 3750000 Sold Price: $1,950,000 Current Price: $1,950,000

Status Change Info

Pending Date: 2023-10-10 Closed Date: 2023-12-20 Closed Price: 1950000

Property Features

Location: Downtown; Historic District; Near Shopping; Retail Strip; Water View; Waterfront Water Body Type: River Property Uses: Bar/Tavern/Lounge; Restaurant; Retail Basement: None Foundation Materials: Pillar/Post/Pier Exterior: Clapboard Roof: Tar/Gravel Heat System: Forced Air Heat Fuel: Electric Building Features: Fire System Parking: 1 - 4 Spaces; Assigned; Other Parking Sewer: Public Sewer Water: Public
Listing Office: The Boulos Company
IDX
Last Updated: January - 13 - 2025
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