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 apartmentsthree 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!
MLS# | 1602016 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1850 |
Days On Site | 145 |
Listing Provided By | RE/MAX Realty One | Dawson Sibley |
SQ Feet | 5,757 |
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Basement | Y |
Story(s) | 3 |
Units | 5 |
Zoning | dbd |
Acreage | 0.14 |
State | ME |
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County | York |
City | Ogunquit |
Zip Code | 03907 |
Listing VS Median (in 03907) | |
Price: $2,995,000 low | high Med: $1,500,000 SqFt: 5,757 low | high Med: 5,454 $ / SqFt: $520 low | high Med: $275 On Site: 145 low | high Med: 71.000000 |