Commercial for Sale: 245 Arundel Road, Kennebunkport, ME 04046

$1,995,000
$1,995,000
245 Arundel Road, Kennebunkport, ME 04046
$1,995,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$1,995,000
$105,000 - 11/18/2024

Type Commercial
Square Feet 10,491 sqft
Lot Size 7.00 acres
Year Built 1905
Taxes Paid $4,258

City Kennebunkport
County York

MLS 1606349
Status Active
A GOOD INVESTMENT FOR THE ENTERPRISING PERSON! Explore this exceptional property, which includes a restored 1905 barn converted into a magnificent venue and residence. The first level is a beautiful venue for hosting special events or corporate gatherings, accommodating up to 150 guests. It features a bar, a commercial kitchen, and a bathroom. Outside, there's a seating area w/ firepit and a bar, along with a charming gazebo perfect for outdoor weddings. Prospective buyers must conduct thorough due diligence to obtain planning board approvals, as the property is zoned for agricultural, commercial, and recreational use. Any other commercial uses would require approval from the planning board. The living space above the event area comprises 3 floors, including 5 BRs, 2 BAs, a media rm and game rm. The primary BR suite with an adjacent sitting rm includes a full BA, a hot tub, and a laundry area. The upper level features an additional BR, laundry hook-up, and flex space. Additionally, the property features a 4,000-SF garage, a studio/office, and a barn with potential for conversion back into horse stalls. The expansive fields and picturesque pond further enhance the allure of this property. The septic system is designed for a 3-bedroom single-family dwelling; however, buyers must check with the planning board for increased usage. Take advantage of this opportunity to own a property that offers a unique blend of historic charm and modern luxury with endless possibilities.

Room Features

Basement Description None

Lot & Building Features

Cooling None
Tax Year 2025
Taxes Paid $4,258

Price History of 245 Arundel Road, Kennebunkport, ME

Date Name Price Difference
11/18/2024 Price Adjustment $1,995,000 5.00%
10/09/2024 Listing Price $2,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 245 Arundel Road, Kennebunkport, ME

Location Map Street View
Photo of Arjun Kumar
Direct: 603-948-8737
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Town Square Realty Group, & Ann Lapierre 207-324-2860
$
20%
0.2134335839599%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

245 Arundel Road (MLS #1606349) is a commercial listing located in Kennebunkport, ME. This commercial listing is 10,491 sqft and on a lot of 304,920 sqft (or 7.00 acres) and is 119 years old. This property was listed on 11/04/2024 and has been priced for sale at $1,995,000.

Nearby zip codes are 04005, 04043, 04046 5529 and 04072. This property neighbors other cities such as Arundel, Biddeford, Kennebunk, Kennebunk Port and Saco.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Town Square Realty Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.