20 Shore Road Unit 8, Ogunquit, ME 03907
Renovated in 2022 with classic finishes, including a fireplace, and Shore Road visibility for professional use in Ogunquit Village.
- Added:
- May 23, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 14 at 1:32 am
Property Features for 20 Shore Road Unit 8
General Information
- Standard status
- Active
- Size
- 1,796 SF
- Property subtype
- Office
Building Details
- Year Built
- 1961
Listing agent Anne Erwin Real Estate (207) 363-6640
Listing office Anne Erwin Sotheby's International Realty (207) 363-6640
Listing date May 23, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Anne Erwin Sotheby's International Realty
HighLights
- Lower‑level commercial condominium in Ogunquit Village along Shore Road
- Renovated in 2022 with classic finishes, including a fireplace and rich millwork
- Central Air cooling
- Visibility from Shore Road with dual access points
- Flexible commercial use mix mentioned, including retail, office, wellness, and café/co‑working concepts
- No pool and no parking reported
Overview
Located in Ogunquit Village along Shore Road, the property offers visibility from the thoroughfare and is positioned among the area’s active commercial offerings. The unit provides dual access points, supporting flexible entry and traffic flow for daily operations.
For buyers seeking a turnkey workspace in a central retail environment, this condo-style office space offers a distinct, inviting interior and direct Shore Road presence. Its mix of character features and adaptable use profile can work well for professionals and operators who want a comfortable, finished space for client-facing meetings, desk-based work, or a small-format service concept.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.8k | $24.96 |
| − Vacancy | −$5.6k | −$3.12 |
| EGI | $39.2k | $21.84 |
| − OpEx | −$9.8k | −$5.46 |
| NOI | $29.4k | $16.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ogunquit
- County
- York
- State
- Maine
- Longitude
- -70.5994427
- Latitude
- 43.2484387
