245 Arundel Rd - Specialty FOR SALE


Kennebunkport, ME 04046
$1,950,000 USD
207-719-5307
245 Arundel Rd, Kennebunkport, ME for Sale
$1,950,000 USD
Specialty - FOR SALE
1/60
null | Request Cap Rate

245 Arundel Rd
Kennebunkport, ME 04046


OVERVIEW

PRICE REDUCED! This property is a rare find, with a spacious interior, plus beautiful outside scenery. Don't miss your opportunity to make it yours! The first level has been renovated into a beautiful 3100 SF event center. You'll find a wet bar, coat closet, industrial prep KIT, and a large open area with posts and beams. Styled with tables and chairs for guests to sit and dine. The previous owners hosted weddings there! Also, find rooms styled to be the bride and groom's areas to get ready. Outside is a 4000 SF free span garage, space for 20+ cars and room to maintain those cars; or turn it into a barn with up to 16 horse stalls. Included on the grounds is a small pond with an island, offering a peaceful place to retreat and relax. The outside also is designed to host weddings, with a gazebo, and benches to seat guests. A 12x18 shed, a 20x40 barn currently used for garden equipment and tractor storage, but could be converted back into horse stalls give lots of extra storage. This property offers business opportunities galore; from a horse facility, a relaxing spa, a car mechanic's shop; or a landscaping company; the options are endless! The 5 BD, 3 BA residential portion has the perfect combination of space. You'll be surprised to find 2 KITs, 2 washer/dryer units, plus a heated floor, vaulted ceilings and a hot tub in the main bath. There is also space for an accessory apartment! You'll also find a second KIT that's just for the residents, complete with a gas stove, dishwasher and separate dining area. There's a casual room to watch tv, take the staircase upstairs to find a home theatre with surround sound and a wet bar as well as a game room with a pool table. Also, find a bonus room with a ping pong table and plenty of space to have fun, making it a great place for family gatherings. Located in a quiet neighborhood with beautiful panoramic views, great schools, nearby areas for hiking, and just minutes from the ocean with access to the beach, and downtown Kennebunkport.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

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

Eva SawtelleTown Square Realty GroupMore Info
207-719-5307

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Eva SawtelleTown Square Realty GroupMore Info
207-719-5307

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