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    Property profile & analytics
    OFF-MARKET Estimated value $635,000
    Investment properties

    261 Shr Rd, Ogunquit, ME 03907-3911

    4,635 SF 0.34 ac lot Built 1925
    Individually Owned
    Property ID
    US42-0218247
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1925
    Construction FRAME
    Total area 4,635 SF
    Lot 0.34 ac (14,810 SF)
    Zoning code LBD
    APN OGUN M:005 L:015
    UPID US42-0218247
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Northern Union Restaurant
    • Marathon Real Estate Real Estate Agency
    • Ogunquit Rental Properties Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $885k
    Comparable Approach Comparable
    $816k
    Blend (final) Blend
    $635k
    Owner & transaction history
    Dolliver Richard
    Dolliver Richard
    since 2026
    6 recorded transactions
    2026
    $1.7M
    2023
    2023
    2018
    2008
    2006
    Zoning & alternative use
    LBD · Ogunquit, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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