245 Arundel Rd - Specialty FOR SALE


Kennebunkport, ME 04046
$1,995,000 USD
207-432-2609
245 Arundel Rd, Kennebunkport, ME for Sale
$1,995,000 USD
Specialty - FOR SALE
1/67
null | Request Cap Rate

NEW


245 Arundel Rd
Kennebunkport, ME 04046


HIGHLIGHTS

  • PRICE REDUCED!

OVERVIEW

PRICE REDUCED! 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.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

A GOOD INVESTMENT FOR THE ENTERPRISING PERSON

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

FF

APN/PARCEL ID

YORK-000094-000000-000016B-000019

ASK ABOUT THIS PROPERTY

Jim LapierreTown Square Realty GroupMore Info
207-432-2609

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Jim LapierreTown Square Realty GroupMore Info
207-432-2609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.