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    14 Vlg Sq Ln Ogunquit, ME 03907

    Sponsored
    For Sale
    $6,500,000

    Coastal Maine Inn, 17 Rooms, 3.25 Acres

    Property size:
    5,525 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5,525 square foot commercial property located at 14 Village Square Lane, Ogunquit, Maine, presents a unique investment opportunity. Currently operating as a highly successful inn, this 3.25-acre coastal haven boasts 17 rental rooms and a massage room, providing significant revenue potential. The property's prime location in the heart of Ogunquit offers unparalleled views of the village and the Atlantic Ocean. Outdoor amenities include a swimming pool, hot tub, and expansive deck, perfect for guest enjoyment. The interior features spacious and inviting living and dining areas filled with natural light, creating a warm and welcoming atmosphere. With a total of 17 bedrooms and 19 bathrooms, the inn offers ample accommodation for guests. Its proximity to Ogunquit's beaches, shops, restaurants, and numerous outdoor recreational activities ensures high occupancy rates and strong rental demand. This turnkey operation is ideally suited for an investor seeking a profitable venture in a highly desirable coastal location. The property's size, location, and existing infrastructure combine to create a truly exceptional opportunity in the thriving Ogunquit market. The asking price is $6,500,000.

    Property Features for 14 Vlg Sq Ln

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,525 SF
    Lot Size
    141,570 SF

    Building Details

    Year Built
    1929
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ogunquit
    County
    York
    State
    Maine
    Longitude
    -70.60024
    Latitude
    43.24863

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    FAQs

    What type of property is this?
    Commercial real estate - Coastal Maine Inn, 17 Rooms, 3.25 Acres
    Where is this commercial real estate located?
    The property is located at 14 Vlg Sq Ln Ogunquit, ME.
    What is the asking price?
    The asking price for this property is $6,500,000.
    (207) 646-4546
    Request Owner's contact information
    14 Vlg Sq Ln Ogunquit, ME 03907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14 Vlg Sq Ln Ogunquit, ME 03907
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