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: |
4/19/2024 |
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.
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Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
31197_12-13 |
| Zoning: |
GENERAL BUSINESS - GBD2 |
| 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 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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