309 Shore Rd, Ogunquit, ME 03907
For Sale
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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.
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/OF · 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.