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    261 Shore Rd Ogunquit, ME 03907

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    For Sale
    $2,700,000

    High-end restaurant with outdoor dining, bar, and residential unit.

    Lot size:
    0.34 Acres

    Property Features for 261 Shore Rd

    General Information

    Lot size
    0.34 Acres

    Source: The Aland Realty Group Agent Christopher Erikson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ogunquit Restaurant with Residential Unit

    This property offers the opportunity to own a high-end restaurant space in Ogunquit. Situated on Shore Rd, the restaurant benefits from high foot traffic and visibility, attracting both locals and seasonal visitors. The restaurant features an outdoor dining area and firepit. The kitchen has been recently re-architected and expanded and is equipped with appliances and ample space for efficient workflow. The interior features a separate full bar area with bar seating and sit down seating. The bar area is flanked by a full floor to ceiling glass wine rack that leads to the main dining space. The property includes on-site parking for guests. A two-bedroom residential unit is located upstairs, offering flexibility for owner occupancy, staff housing or rental income. The property is positioned for continued success due to the food scene in Ogunquit and the area's tourism. The property is also available for lease either as a whole or just the restaurant space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Northern Union New American Restaurant Marathon Real Estate Real Estate Agency Ogunquit Rental Properties Real Estate Rental Agency

    Suggested Use

    Law Firm Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy Gym & Fitness Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Jonathan's Coastal Catering, Harvest & Plate Catering

    Location Insight

    • Map
    • Local Demand
    City
    Ogunquit
    County
    York
    State
    Maine
    Longitude
    -70.5961226
    Latitude
    43.2408808

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    FAQs

    What type of property is this?
    Restaurant - High-end restaurant with outdoor dining, bar, and residential unit.
    Where is this restaurant located?
    The property is located at 261 Shore Rd Ogunquit, ME.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Prime location on Shore Rd in Ogunquit with high foot traffic and visibility.; - **State-of-the-art, recently re-architected and expanded kitchen with top-of-the-line appliances.**; - Includes a brand new two-bedroom residential unit for owner occupancy, staff housing, or rental income.
    (603) 930-4470
    Request Owner's contact information
    261 Shore Rd Ogunquit, ME 03907
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    261 Shore Rd Ogunquit, ME 03907
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