307 Main Street unit 1

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307 Main Street unit 1

Ogunquit, ME 03907
Asking Price
$1.70M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Standalone retail building measuring 2,487 square feet for sale.
  • Property is situated at 307 Main Street in Ogunquit.
  • The asking price for this commercial asset is $1,699,000.
  • Located in a prominent coastal Maine tourism-driven market.
  • Versatile storefront layout suitable for various retail business models.

What's Special

This 2,487-square-foot retail storefront sits at 307 Main Street in Ogunquit, Maine. The standalone building occupies a prominent position within the local commercial landscape, benefiting from the consistent foot traffic typical of this coastal destination. As a seaside town with a seasonal economy that thrives on tourism and hospitality, Ogunquit provides a robust backdrop for retail operations seeking visibility in a high-demand market. The layout and sizing of this asset make it well-suited for a variety of uses, including boutique retail outlets, specialty shops, or galleries that cater to visitors and residents alike. Investors and business operators will find the location well-positioned to leverage the consistent inflow of shoppers exploring the downtown corridor. With its independent structure, the property allows for significant control over branding and exterior presentation, supporting diverse commercial ventures looking for a stable foothold in this established Southern Maine community.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.09%
Monthly Payment
$8,405.725
Annual Cash Flow
$-20,868.7

Location & Travel Times