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Commercial for Sale: 29 Dock Square Square, Kennebunkport, ME 04046 SOLD

$1,950,000
$1,950,000
29 Dock Square Square, Kennebunkport, ME 04046 SOLD
$1,950,000
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Selling Price: $1,950,000
Original List Price: $3,750,000
Sold at 52.0% of list price
Sold Date: 12/20/2023
Type Commercial
Square Feet 5,953 sqft
Lot Size 0.19 acres
Year Built 1894
City Kennebunkport
County York
MLS 1540745
Status Closed
DOM 92 days
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.

Room Features

Basement Description None

Price History of 29 Dock Square Square, Kennebunkport, ME

Date Name Price Difference
09/19/2023 Price Adjustment $1,950,000 34.89%
05/09/2023 Price Adjustment $2,995,000 10.60%
10/18/2022 Price Adjustment $3,350,000 10.67%
09/19/2023 Listing Price $3,750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Listed by The Boulos Company, Christopher Gallagher & Joseph Italiaander 207-772-1333
Sold by , NON-MREIS AGENT
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Listing information courtesy of: The Boulos Company

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.