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    309 Shore Rd Ogunquit, ME 03907

    For Lease
    $25 SF/Yr

    Restaurant space, Perkins Cove access, ample parking.

    Lot size:
    10,736 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3,489 square foot restaurant space is located at 309 Shore Rd in Ogunquit, Maine, within the desirable Limited Business District (LBD) zoning. Situated on a 1.25-acre lot (APN 003/017, York County), this property boasts a prime corner location at the entrance to Perkins Cove, offering unparalleled visibility and accessibility. Built in 1995, the building features a total of 10,736 square feet, with this space representing one available unit within a multi-tenant building. The property includes 30 on-site parking spaces, a significant advantage in a high-traffic area. Existing restaurant infrastructure is in place, simplifying the setup for a new operator. The location is also conveniently situated within walking distance of Ogunquit's vibrant downtown corridor, providing easy access to a large customer base. The ample space and fantastic outdoor dining area present a unique opportunity to establish a thriving restaurant business in a highly sought-after location. This property offers a blend of convenience, visibility, and established infrastructure, making it an ideal investment for experienced restaurateurs.

    Property Features for 309 Shore Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,736 SF
    Total Rate
    22366.67

    Building Details

    Year Built
    1995

    Unit(s) available at that property

    Space
    Restaurant Space at Thomson Green
    Size
    3,489 SF
    Rate per SF
    $25

    HighLights

    • 3,489 SF restaurant space in Ogunquit, ME's Limited Business District (LBD).
    • Prime corner location at Perkins Cove entrance on a 1.25‑acre lot (APN 003/017).
    • Part of a 10,736 SF multi‑tenant building (built 1995) with 30 on‑site parking spaces.
    • Existing restaurant infrastructure in place.
    • Walking distance to Ogunquit's downtown.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogunquit
    County
    York
    State
    Maine
    Longitude
    -70.5943296
    Latitude
    43.23945826

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    FAQs

    What type of property is this?
    Individual retail property - Restaurant space, Perkins Cove access, ample parking.
    Where is this individual retail property located?
    The property is located at 309 Shore Rd Ogunquit, ME.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 3,489 SF restaurant space in Ogunquit, ME's Limited Business District (LBD).; Prime corner location at Perkins Cove entrance on a 1.25-acre lot (APN 003/017).; Part of a 10,736 SF multi-tenant building (built 1995) with 30 on-site parking spaces.
    Request Owner's contact information
    309 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
    309 Shore Rd Ogunquit, ME 03907
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