Rare Waterfront Investment Opportunity Kittery, ME

Property Location MAP

9 and 11-13 Water Street
Kittery, ME 03904

Property #: AP25058

Preview Times


Please call or e-mail to schedule an appointment or attend on one of the dates listed below.
Fri. 5/30 @ 10:00AM ET
Fri. 6/13 @ 12:00PM ET

Contact Agent

Mike Carey
Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com
Exceptional Waterfront Investment Opportunity – 9, 11-13 Water Street, Kittery, ME
 
A rare chance to own a historic waterfront property along the Piscataqua River, just minutes from the bustling city of Portsmouth, New Hampshire. This unique offering includes two properties sold together: a waterfront commercial building at 9 Water Street, once home to the iconic Warren’s Lobster House, and a two-unit residential building at 11-13 Water Street.
 
Property Highlights:
  • 9 Water Street – A commercial property on 1.1+/- acres with an impressive 600+/- feet of river frontage. Formerly the site of Warren’s Lobster House, this building offers approximately 15,291 sq. ft. of space, ideal for redevelopment or reimagining. The property also includes a commercial garage and the iconic Warren’s Lobster House sign, preserving a piece of Kittery’s rich history.
  • 11-13 Water Street – A two-unit residential building situated on 0.25+/- acre with approximately 2,450+/- sq. ft. of living space. Perfect for residential investment or owner occupancy, with close proximity to both the river and downtown Portsmouth. *Please note that this property has recently sustained fire damage and is being sold in “as-is where-is” condition. Please ensure you are comfortable with the current condition of the property. 
 
Location:
 
Located just over the bridge from Portsmouth, New Hampshire, this property offers unparalleled access to two of New England’s most desirable coastal communities. The proximity to both Kittery and Portsmouth’s vibrant downtowns, filled with shops, restaurants, and cultural attractions, enhances the property’s appeal for both commercial and residential use. Kittery, known for its charm and waterfront beauty, is a gateway to Maine’s coastline, providing an ideal blend of New Hampshire’s urban conveniences and Maine’s scenic tranquility.
 
This is a one-of-a-kind opportunity for investors, developers, or entrepreneurs to own a piece of waterfront property with rich history and unmatched potential. Don’t miss your chance to create something special in the heart of Kittery’s waterfront district, just moments from Portsmouth.
 
Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594
 

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Mike Carey

Mike Carey: Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: 5% Buyer's Premium based on the high bid.
  • Closing: On or before July 31, 2025. Sold in As-Is condition, no contingencies.
  • Deposit Amount: $25,000, in certified funds, as qualification to bid. Deposit to be increased to equal ten percent (10%) of purchase price (high bid + buyer’s premium) by 4:00 p.m. on June 24, 2025.
  • Buyer Agent Compensation: 1.5% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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