261 Shr Rd, Ogunquit, ME 03907-3911
This exceptional mixed-use property in Ogunquit, Maine, presents a lucrative investment opportunity. Located on Shore Road, this 5,579 square foot establishment boasts a high-end restaurant with a charming outdoor dining area and firepit, attracting significant foot traffic. The recently re-architected and expanded state-of-the-art kitchen is equipped with top-of-the-line appliances, ensuring efficient workflow. The interior features a full bar with bar seating and additional seating, complemented by a floor-to-ceiling wine rack. The spacious dining area is flooded with natural light, creating a welcoming atmosphere. On-site parking enhances customer convenience. Upstairs, a brand new two-bedroom residential unit offers flexibility for owner occupancy, staff housing, or rental income generation. Situated on a 0.34-acre lot, this property benefits from Ogunquit's thriving tourism and food scene, promising substantial growth potential. The property is priced at $3,250,000.
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Northern Union Restaurant
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Marathon Real Estate Real Estate Agency
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Ogunquit Rental Properties Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
LBD · Ogunquit, MEOgunquit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.