About this home
Positioned in one of Southern Maine's most sought after communities, this exceptional 50,552 sqft parcel in Kennebunkport offers a rare opportunity within the highly desirable Free Enterprise Zone - the property was formerly used as a bait processing facility, however the operational equipment has been removed.. With flexible zoning that allows for commercial, industrial and residential use, the possibilities here are truly expansive. Whether you envision a dynamic business lcoation, investment development, perhaps a mixed-use concept, or a private residence. This tract provides the space and versatility to bring your vision to life. Prime positioning ensures strong visibility and accessibility while still capturing the character and charm that make Kennebunkport such a coveted destination. Sellers will retain and utilize a portion of the overall tract for their own purposes, while conveying the remaining acreage for new ownership opportunity. Large, flexible parcels in the Free Enterprise Zone are increasingly rare, this is your chance to secure a strategic footprint in one of Maine's most vibrant coastal markets. Public Water and Sewer. *** ROAD MAINTENANCE AGREEMENT TO BE DRAFTED BETWEEN SELLER AND PURCHASER *** Photos show entire tract, only a portion is to convey - see Division Plan in attachments.. ***Taxes are estimated based upon the Town of Kennebunkport Mil Rate and the asking price.
Listing last checked: Listing updated:
Listed by Listing Agent · RE/MAX Realty One · MLS #1676288
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Details at a glance
Building2 property facts
- Style
- Industrial
- Year built
- 1970
Land & utilities4 property facts
- Lot size
- 1.16 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- FE - Free Enterprise
Financial2 property facts
- Annual taxes
- $2,244
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $689,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,671 / monthAdjust
- Principal & interest
- $3,484
- Property tax
- $187
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,244. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 8 Venture Way
Can I request a private showing?
Request a tour of 8 Venture Way and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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