307 Main St 2,487 SF Flex Condo Unit Offered at $1,800,000 in Ogunquit, ME 03907

EXECUTIVE SUMMARY

This exceptional opportunity presents itself as a chance to acquire a landmark building located in the heart of the vibrant downtown village district of Ogunquit, Maine. Ogunquit has been recognized as the top vacation spot by Real Simple Magazine and is consistently ranked as the number one beach in the country, making it a year-round hotspot for tourists. The remarkable 2500-square-foot retail space comes with 8 dedicated on-site parking spaces and a storied history as a successful fine art and jewelry gallery spanning over 15 years. The meticulously landscaped grounds featuring captivating stone paver walkways and stunning flower gardens have firmly established this building as an iconic and beloved part of the community. Designed by a well-known architectural firm, the standalone condo building is characterized by its steel beams, vaulted ceilings, and expansive windows that flood the interior with natural light. Equipped with modern amenities such as HVAC, energy-efficient LED lighting, an alarm system, and a bathroom, the open-concept floor plan offers adaptability and functionality. Situated within the GBD-1 zone, the property allows for a wide range of development opportunities, backed by public utilities. Its strategic central location within the village ensures high visibility, drawing significant vehicular and pedestrian traffic. This unique investment opportunity promises a prime position within a thriving community and the potential for an exciting new chapter.

PROPERTY FACTS

Price $1,800,000
Unit Size 2,487 SF
No. Units 1
Total Building Size 2,487 SF
Property Type Retail (Condo)
Property Subtype
Storefront
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
Sale Type Investment or Owner User
Building Class B
Floors 1
Typical Floor Size 2,487 SF
Year Built 2009
Tenancy Single
Lot Size 0.84 AC
Parking Ratio 3.22/1,000 SF
Zoning GBD-1

AMENITIES

  • 24 Hour Access

1 UNIT AVAILABLE

Unit 1

Unit Size 2,487 SF
Price $1,800,000
Price Per SF $723.76
Condo Use Flex
Sale Type Investment or Owner User
No. Parking Spaces 8
  • Listing ID: 33936064

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 307 Main St, Ogunquit, ME 03907