307 Main St - Storefront CONDO FOR SALE


Ogunquit, ME 03907
$1,800,000 USD
207-363-6640
307 Main St, Ogunquit, ME for Sale
$1,800,000 USD
Storefront CONDO - FOR SALE
1/29
null | Request Cap Rate

307 Main St
Ogunquit, ME 03907


OVERVIEW

This exceptional opportunity presents itself as a chance to acquire a landmark building located in the heart of the vibrant downtown village district of Ogunquit, Maine. Ogunquit has been recognized as the top vacation spot by Real Simple Magazine and is consistently ranked as the number one beach in the country, making it a year-round hotspot for tourists. The remarkable 2500-square-foot retail space comes with 8 dedicated on-site parking spaces and a storied history as a successful fine art and jewelry gallery spanning over 15 years. The meticulously landscaped grounds featuring captivating stone paver walkways and stunning flower gardens have firmly established this building as an iconic and beloved part of the community. Designed by a well-known architectural firm, the standalone condo building is characterized by its steel beams, vaulted ceilings, and expansive windows that flood the interior with natural light. Equipped with modern amenities such as HVAC, energy-efficient LED lighting, an alarm system, and a bathroom, the open-concept floor plan offers adaptability and functionality. Situated within the GBD-1 zone, the property allows for a wide range of development opportunities, backed by public utilities. Its strategic central location within the village ensures high visibility, drawing significant vehicular and pedestrian traffic. This unique investment opportunity promises a prime position within a thriving community and the potential for an exciting new chapter.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$724 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

2,487 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

GBD-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anne Erwin Real EstateAnne Erwin Sotheby's International RealtyMore Info
207-363-6640

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Anne Erwin Real EstateAnne Erwin Sotheby's International RealtyMore Info
207-363-6640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.