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243 Main Street, Ogunquit, ME, 03907 | $2,995,000
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!
Features
- Property Type: Mixed Use
- Construction: Vinyl Siding, Wood Frame
- Parking: 5 - 10 Spaces, On Site, Paved
- Heating: Multi-Zones, Forced Air, Baseboard
- Cooling: Central Air, A/C Units
- Amenities: Storage
- Units: 5
- Zoning: dbd
- Frontage: 166
- Year Built: 1850
- Approx Sq. Feet: 5,757
- Acreage: 0.14
- Est. Taxes: $8,713
- Lot Desc: Water View, Downtown, Business District, Near Shopping, Retail Strip
- MLS#: 1602016
- Website: https://www.raveis.com
/prop/1602016/243mainstreet_ogunquit_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of RE/MAX Realty One
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