705 Main Street

Retail-Commercial for Sale
Catylist Listing ID: 30842309
Property Subtypes: Convenience Store, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 5,242 SF
Gross Building Area: See Agent
Gross Land Area: 1.53 Acres
Sale Price: $1,500,000
Unit Price: $286.15 PSF
Property Use Type: Investment, Business
Building Name: 705 Main Street Ogunquit
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2023

Overview / Comments

Commercial real estate opportunity in Ogunquit, existing mixed-use building available. Located on the busy Route 1 corridor, this property and the adjacent parcel offer a combined 1.53 acres of land and 200+ feet of road frontage, providing ample space for your commercial needs. Currently set up as a restaurant on the first floor (not currently operating), the building also features a second-floor apartment with three bedrooms, a kitchen, and one bathroom. With its versatility, this property presents a range of potential uses. To explore the investment potential of this property, schedule a showing to discuss the many possibilities it presents.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31197_12-13
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Largest Nearby Street: Portsmouth
Feet of Frontage: 200
Traffic/Vehicle Count: 12,300
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1960
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Zoning Description: Business District
Lot Frontage: 200 feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 971 5,628 9,572
Median Age: 62.5 52.18 50.86
Households: 532 2,623 4,274


Photograph of Listing Agent

David Costello

RockWater Group / KW Commercial
NECPE Member
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