14 Vlg Sq Ln Ogunquit, ME 03907
- Commercial real estate
- 5,525 SF
- 3.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 14 Vlg Sq Ln
- Year built
- 1929
- Lot size
- 3.25 lot acres
- Property size
- 5,525 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ogunquit
- County
- York
- State
- Maine
- Longitude
- -70.6002
- Latitude
- 43.2486
