243 Main St

Ogunquit, ME 03907

$2,600,000
Last Sold Price
—
Beds
—
Baths
5,757 Sq. Ft.
$452 / Sq. Ft.
5,757
Sq. Ft.
$452
per Sq. Ft.
Closed 2/28/25
Closed 2/28/25
243 Main-29
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243 Main St First Floor
243 Main st. Second Floor
243 Main St. Third Floor

Description

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...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!
  1. Listed by Dawson Sibley • RE/MAX Realty One

Property Details for 243 Main Street

Zoning
dbd
LISTING UPDATED: 03/06/2025 11:24 AM

Property Details for 243 Main Street

StatusClosed
MLS #1602016
Days on Market7
Taxes$8,713 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1850
Lot Size0.14 AC / 6,098 SF
CountyYork County

Location

Listing Courtesy of RE/MAX Realty One

Sold By Anne Erwin Sotheby's International Realty

Add your commute

Building Information for 243 Main Street

Stories3Residences5Year Built1850Lot Size0.14 AC / 6,098 SF

Payment Calculator

$13,398 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,672

Property Taxes

$726

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 243 Main Street

Summary
Location and General Information
  • Zip Code: 3215
  • Directions: GPS Friendly.
  • Town: Ogunquit
  • State/Province: ME
  • Zip Code: 03907
  • County: York
  • Geo Latitude: 43.249904
  • Geo Longitude: -70.600325
  • Tax Lot: 127
  • Location:Business District: Yes
  • Location:Downtown: Yes
  • Location:Near Shopping: Yes
  • Location:Retail Strip: Yes
  • Location:Water View: Yes
  • Recreational Water:Common: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: 5 - 10 Spaces, On Site, Paved
Taxes and HOA Information
  • Tax Book Number: 18650
  • Tax Map Number: 7
  • Tax Year: 2023
  • Parcel Number: OGUN-000007-000000-000127
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $8,713.00
Property
Lot Information
  • Lot Size Acres: 0.14
  • Building Area Total: 5757.0
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Street Number: 243
  • Property Information:Surveyed: Unknown
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Year Renovated +/-: 2,021.00
  • Property Information:Total # Floors: 3.00
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1850
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available, Cable
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Roof: Shingle
Interior Features
  • Basement: Full, Partial, Unfinished
  • Flooring: Wood, Vinyl, Carpet
  • Interior Features: Storage
  • Cooling: Central Air, A/C Units
  • Heating: Multi-Zones, Forced Air, Baseboard
  • Foundation Details: Slab
  • Accessibility Features: Accessible Approach with Ramp
  • # Floors: 3
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Number of Units: 5

Property History for 243 Main Street

DateEvent & SourcePriceAppreciation
Feb 28, 2025

Sold (Public Record)

Public Record #1552451317

$2,600,000—
Feb 28, 2025

Sold

Maine Listings #1602016

$2,600,000—
Sep 8, 2024

Pending

Maine Listings #1602016

—
Sep 5, 2024

Active Under Contract

Maine Listings #1602016

—
Aug 9, 2024

Listed (Active)

Maine Listings #1602016

$2,995,000—
Dec 31, 2020

Expired

Maine Listings #1478212

$1,750,000—
Dec 14, 2020

Listed (Active)

Maine Listings #1478212

$1,750,000—
Dec 1, 2020

Expired

Maine Listings #1455336

$1,750,000—
Jun 1, 2020

Listed (Active)

Maine Listings #1455336

$1,999,000—
Dec 1, 2018

Expired

Maine Listings #1310489

$1,750,000—
May 1, 2017

Listed (Active)

Maine Listings #1310489

$2,100,000—
DateEvent & SourcePrice
02/28/2025

Sold (Public Record)

Public Record #1552451317

$2,600,000
02/28/2025

Sold

Maine Listings #1602016

$2,600,000
09/08/2024

Pending

Maine Listings #1602016

—
09/05/2024

Active Under Contract

Maine Listings #1602016

—
08/09/2024

Listed (Active)

Maine Listings #1602016

$2,995,000
12/31/2020

Expired

Maine Listings #1478212

$1,750,000
12/14/2020

Listed (Active)

Maine Listings #1478212

$1,750,000
12/01/2020

Expired

Maine Listings #1455336

$1,750,000
06/01/2020

Listed (Active)

Maine Listings #1455336

$1,999,000
12/01/2018

Expired

Maine Listings #1310489

$1,750,000
05/01/2017

Listed (Active)

Maine Listings #1310489

$2,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 243 Main Street

Taxable ValueLand$720,300Additions$688,800Total$1,409,100
Tax Record2024$9,103 ($759 / month)
Home Facts
Baths4Total Finished SqFt5,757 SqFtAbove Grade Finished SqFt5,757 SqFtUnfinished Basement SqFt1,485 SqFtStories3Lot Size6,098 SqFtStyleOffice BuildingYear Built1850ZoningDBDCountyYORKAPNOGUN M:007 L:127

Schools near 243 Main Street

This home is within Wells-Ogunquit Community School District.
Rating
School
Type
Grades
Distance
Wells Elementary School
Public - K to 4
Wells Junior High School
Public - 5 to 8
Wells High School
Public - 9 to 12
Rating
School
Distance
Wells Elementary School
PublicK to 4

Wells Junior High School
Public5 to 8

Wells High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Realty One

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.