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245 Arundel Rd - A GOOD INVESTMENT FOR THE ENTERPRISING PERSON

10,491 SF Specialty Building Offered at $2,827,853 CAD in Kennebunkport, ME 04046

Investment Highlights

  • PRICE REDUCED!

Executive Summary

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.

Property Facts

Price $2,827,853 CAD
Price Per SF $270 CAD
Sale Type Investment or Owner User
Property Type Specialty
Building Class C
Lot Size 7.00 AC
Building Size 10,491 SF
No. Stories 4
Year Built/Renovated 1905/1998

zoning

Zoning Code FF
FF
  • Listing ID: 33489751

  • Date on Market: 2024-10-11

  • Last Updated:

  • Address: 245 Arundel Rd, Kennebunkport, ME 04046

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