$2,995,000

Pending

Est. Mortgage $0/mo *

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243 Main Street, Ogunquit, ME, 03907

243 Main Street, Ogunquit, ME, 03907
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1850

5,757 sqft

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!

Status:

Pending

Type:

Commercial

Units:

5

Zoning:

dbd

Frontage:

166

Heating:

Multi-Zones, Forced Air, Baseboard

Cooling:

Central Air, A/C Units

Basement:

Full, Partial, Unfinished

Parking:

5 - 10 Spaces, On Site, Paved

Acreage:

0.14

Est. Taxes:

$8,713

Construction

Vinyl Siding, Wood Frame

Lot Description:

Water View, Downtown, Business District, Near Shopping, Retail Strip

Amenities:

Storage

MLS #:

1602016

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of RE/MAX Realty One