Commercial for Sale: 243 Main Street, Ogunquit, ME 03907

$2,995,000
$2,995,000
243 Main Street, Ogunquit, ME 03907
$2,995,000
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Price:
$2,995,000
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Type Commercial
Square Feet 5,757 sqft
Lot Size 0.14 acres
Year Built 1850
Taxes Paid $8,713
City Ogunquit
County York
MLS 1602016
Status Pending
DOM 124 days
Prime investment opportunity in the heart of Ogunquit! Located at 243 Main Street, this mixed-use building is a rare find, featuring five fully leased units. The property includes a thriving restaurant space (business not for sale) and four well-maintained residential apartments—three charming one-bedroom units and a spacious two-bedroom unit. With a steady income stream in place, this property offers immediate returns. However, the potential doesn't stop there. As leases end, a savvy buyer has the opportunity to condo the building, maximizing profits by selling off individual units. Situated in a highly desirable area, just moments from Ogunquit's beautiful beaches, shops, and attractions, this property is perfectly positioned for long-term growth. Whether you're looking to expand your investment portfolio or explore condo conversion opportunities, 243 Main Street is a must-see. Don't miss out on this chance to own a piece of Ogunquit's vibrant downtown!

Room Features

Basement Description Full, Unfinished, Partial

Lot & Building Features

Cooling A/C Units, Central Air
Tax Year 2023
Taxes Paid $8,713

Price History of 243 Main Street

Date Name Price Difference
08/29/2024 Listing Price $2,995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Kevin Erikson
Direct: 603-321-9569
Office
14 York Street
York, ME 03909
207-363-4000
Listed by RE/MAX Realty One, Dawson Sibley 207-646-4546
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243 Main Street (MLS #1602016) is a commercial listing located in Ogunquit, ME. This commercial listing is 5,757 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 174 years old. This property was listed on 08/29/2024 and has been priced for sale at $2,995,000.

Nearby zip codes are 03902, 03909 and 04090. This property neighbors other cities such as Wells and York.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Realty One

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.