243 Main Street Ogunquit, ME

$2,995,000
Square Footage 5,757
Acres 0.14
Photo of 243 Main Street Ogunquit ME 03907




Description

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!


Listed by RE/MAX Realty One, Dawson Sibley 207-646-4546

Details

MLS 1602016
Status Pending
Price $2,995,000
DOM 173 days
Type Commercial
Square Feet 5,757 sqft
Lot Size 0.14 acres
Year Built 1850
Taxes Paid $8,713

Lot & Building Features

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

Room Details

Basement Description Full, Unfinished, Partial

Map

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Financing

$
20%
0.29091819699499%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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