KENNEBUNK — The Hive, a music and art venue located at 84 Main St., will change ownership effective Sept. 15. The new owner, Capital Resorts Group, also owns 84 Main Resort, which comprises most of the old Knights of Pythias building, in which The Hive is located.

The Hive was first opened as a gathering place for lovers of art and music in June of 2011. It was closed from mid-2012 to June of 2013 for renovation, before reopening as an art gallery and performance venue space, with an adjoining community space called Studio B. Since then, The Hive has hosted weekly musical performances, gallery shows, workshops and lessons, events, and regularly scheduled, free programming in art and music.

However, after more than a year’s worth of data, the business has learned that it cannot support itself financially, according to a statement issued earlier this week.

Nonetheless, the group says it sees the next phase as a win.

The Hive’s director, Rachel Morse, said that final details of the transition have yet to be worked out, and that it is unclear what exactly the new role of the transferred space will be or what the organization of The Hive will look like going forward. She has been asked to stay on and manage the existing gallery, and said she’s confident that this function will remain and that the hours of the gallery may increase.

“We hope that the space can also continue to function, even if less frequently, as a musical venue,” she said. There will be no scheduled stage shows or events until further notice.

Studio B, she said, will continue to operate independently, as a community space for local artists.