31 Western AveKennebunk, ME 04043

  • Retail properties
  • 2,404 SF
For Sale
$1,390,000 View listing

Property Details for 31 Western Ave

Year built
1900
Construction
FRAME
Lot size
1.58 AC
Property size (Sq ft)
2,404 SF
Property type
Retail properties
APN
KENB M:089 L:091 U:004
APU
KENBM089L091U004

Description

This exceptional offering presents a unique opportunity to acquire a thriving spa business and its accompanying real estate in Kennebunk, Maine's desirable Lower Village. The property, located at 31 Western Avenue, encompasses a well-maintained, two-story building totaling 2,950 square feet on a 1.58-acre lot (APN: Map 089, Block 091, Lot 004). Built in 1900, the structure is zoned LVB - Lower Village Business, providing flexibility for future expansion or adaptations. The current business, operating successfully for over 17 years, boasts a loyal clientele of both locals and tourists. Included in the sale are the building and land, fixtures, furniture, and equipment (FF&E), and the established goodwill of the business. Currently operating four days a week, there's significant potential to increase revenue by expanding operating hours, particularly during peak seasons. The second floor offers ample space for expansion, allowing for additional treatment rooms or services. This turnkey operation presents a rare combination of a profitable business and a valuable real estate asset in a highly sought-after location. The asking price for this complete package is $1,390,000. This is an exceptional opportunity for an investor seeking a profitable, established business with significant growth potential.

Location Insight

City
Kennebunk
County
York
State
Maine
Latitude
43.3596
Longitude
-70.4841
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,821
$76,500
$223,900
$300,400
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].