Pending

243 Main StreetOgunquit, ME 03907Price: $2,995,000

  • Price: $2,995,000
  • 66 Days on Market
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Federal 30-year interest rate: 6.72% last updated on Oct 31, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,995,000List Price
  • 0.14Acreage
  • 5,757Square Feet
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!
Listed by Dawson Sibley of RE/MAX Realty One

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Barb Shea participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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