705 Main Street

Ogunquit, ME 03907

$1,500,000
Price
Beds
5,242 Sq. Ft.
$286 / Sq. Ft.
5,242
Sq. Ft.
$286
per Sq. Ft.

Description

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...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.
  1. Listed by David Costello • Keller Williams Realty

Property Details for 705 Main Street

Garage
Yes
Zoning
Commercial

Location

Listing Courtesy of Keller Williams Realty
Add your commute
LISTING UPDATED: 05/16/2023 05:14 PM

Property Details for 705 Main Street

StatusActive
MLS #1558871
Days on Market354
Taxes$5,696 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1960
Lot Size1.53 AC / 66,646 SF
CountyYork County

Location

Listing Courtesy of Keller Williams Realty
Add your commute

Building Information for 705 Main Street

Stories-Residences-Year Built1960Lot Size1.53 AC / 66,646 SF

Payment Calculator

$8,661 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$475

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 705 Main Street

Summary
Location and General Information
  • Town: Ogunquit
  • State/Province: ME
  • Zip Code: 03907
  • County: York
  • Geo Latitude: 43.267223
  • Geo Longitude: -70.597886
  • Tax Lot: 013
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
Parking
  • Parking Features: 21+ Spaces, On Site
Taxes and HOA Information
  • Tax Book Number: 8442
  • Tax Block: 013
  • Tax Map Number: 012
  • Association: No
  • Tax Year: 2022
  • Parcel Number: OGUN-000012-000000-000013
  • Tax Annual Amount: $5,696.00
Property
Lot Information
  • Lot Size Acres: 1.53
  • Building Area Total: 5242.0
  • Lot Size Area: 1.53
  • Lot Size Units: Acres
  • Lot Size Square Feet: 66646.8
  • Street Number: 705
  • Property Information:Surveyed: Unknown
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
Property and Assessments
  • Leased Land: No
  • Property Type: D
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1960
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Other, Masonry
  • Roof: Shingle
Interior Features
  • Heating: Gas Bottled, Propane
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Heating YN: Yes

Property History for 705 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 705 Main Street

Taxable ValueLand$535,300Additions$365,900Total$901,200
Tax Record2023$5,822 ($485 / month)
Home Facts
Total Finished SqFt5,242 SqFtAbove Grade Finished SqFt5,242 SqFtStories1Lot Size25,700 SqFtStyleOffice BuildingYear Built1960ZoningGBD2CountyYORKAPNOGUN M:012 L:013Fireplace TypeHas Fireplace

Schools near 705 Main Street

This home is within Wells-Ogunquit Community School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
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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705 Main Street is a mixed use property for sale in Ogunquit, ME 03907. This property was listed for sale on May 15, 2023 by Keller Williams Realty, it's currently listed at $1,500,000. This listing's school district is Wells-Ogunquit Community School District. Nearby schools include Wells Elementary School, Wells Junior High School and Wells High School. 705 Main Street is a 0-bed, 0-bath, 5,242 sqft mixed use property built in 1960.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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.