Commercial for Sale: 245 Arundel Road, Kennebunk Port, ME 04046

$1,995,000
$1,995,000
245 Arundel Road, Kennebunk Port, ME 04046
$1,995,000
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Price:
$1,995,000
$105,000 - 11/18/2024

Type Commercial
Lot Size 7.00 acres
Year Built 1905
Taxes Paid $4,258

City Kennebunk Port
County York

MLS 5018027
Status Active
DOM 45 days
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.

Virtual Tours for 245 Arundel Road Kennebunk Port, ME

Lot & Building Features

Utilities Gas - LP/Bottle, Other
Construction Wood Frame, Wood Siding
Cooling None
Heating Baseboard, Stove, Radiant, Geothermal, Direct Vent
Parking Description On-Site, Parking Spaces 21+
Sewer On-Site Septic Exists, Private
Tax Year 2025
Taxes Paid $4,258
Water On-Site Well Exists, Private
Basement Description Concrete, Slab
Foundation Slab - Concrete
Lot Description Country Setting, Pond, Open, Major Road Frontage, Landscaped, Field/Pasture, Farm
Roof Metal

Price History of 245 Arundel Road, Kennebunk Port, 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.

Comparable Properties Sold Near By

Low
$1,950,000
$328 / sqft
Average
$1,950,000
$328 / sqft
High
$1,950,000
$328 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Kennebunk Port 04046 0 0.0 $1,995,000 0 $0 N/A
29 Dock Square Square Kennebunkport 04046 0 0.0 $1,950,000 5,953 $328 12/20/2023

Map of 245 Arundel Road, Kennebunk Port, ME

Location Map Street View
Photo of Dan Rosa
Direct: 603-234-2383
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Town Square Realty Group, Ann Lapierre
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0.2134335839599%
6.75%
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Monthly Taxes
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245 Arundel Road (MLS #5018027) is a commercial listing located in Kennebunk Port, ME. This commercial listing is on a lot of 304,920 sqft (or 7.00 acres) and is 119 years old. This property was listed on 10/09/2024 and has been priced for sale at $1,995,000.

The commercial listing at 29 Dock Square Square in Kennebunkport is nearby and sold for $1,950,000 on 12/20/2023.

Nearby zip codes are 04005, 04043, 04046 5529, 04072 and 04090. This property neighbors other cities such as Arundel, Biddeford, Kennebunk, Kennebunkport and Saco.

PrimeMLS

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

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/23/2024