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$1,800,000
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Property Description
We are pleased to offer this exceptional 4,844± SF building, constructed in 2015, for sale at 517 Ocean House Road. The property provides a rare opportunity to establish a restaurant in one of Maine's most sought-after markets, or to convert the building to alternative uses. It features a state-of-the-art kitchen and is fully turn-key for restaurant operations. A second-floor apartment is sleek and modern, offering additional income. The property also benefits from excellent visibility and strong traffic counts.
Full Property Details
Full Property Details for 517 Ocean House Rd
General
- Price: $1,800,000
- Taxes: $13,334 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1674314
- Updated: 8/13/2026
- Added to Site: 19 day(s) ago
Business
- Business Type: Restaurant
Parking
- Parking Features: On-Site Parking, Paved
Location
- County: Cumberland
Structural Information
- Square Feet: 3,299
- Year Built: 2014
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Zoning: BA
Financial Considerations
- Tax Amount: $13,334
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 13
Listed by The Dunham Group (207) 773-7100
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Schools
Schools serving 517 Ocean House Rd
School District:Cape Elizabeth
| Name | Grades | Distance |
|---|---|---|
Cape Elizabeth Middle School 14 Scott Dyer Road, Cape Elizabeth, ME 04107 | 5-8 | 1.5 mi |
Pond Cove Elementary School 12 Scott Dyer Road, Cape Elizabeth, ME 04107 | K-4 | 1.6 mi |
Cape Elizabeth High School 345 Ocean House Road, Cape Elizabeth, ME 04107 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 Ocean House Rd
Date
Details
Price
Change
Source
7/31/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 517 Ocean House Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,974
5%
$1,191,300
-2%
2024
$13,334
-56%
$1,212,200
-11%
2023
$30,351
98%
$1,358,600
87%
2022
$15,336
4%
$725,100
—
2021
$14,691
2%
$725,100
—
2020
$14,444
1%
$725,100
—
2019
$14,270
3%
$725,100
—
2018
$13,791
6%
$725,100
—
2017
$13,052
16%
$725,100
13%
2016
$11,255
4%
$641,700
—
2015
$10,832
90%
$641,700
90%
2014
$5,688
3%
$338,600
—
2013
$5,512
—
$338,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 517 Ocean House Rd
517 Ocean House Road, Cape Elizabeth, ME 04107 (MLS# 1674314) is a Commercial property. 517 Ocean House Road is currently listed for $1,800,000 and was received on July 31, 2026. Want to learn more about 517 Ocean House Road? Do you have questions about finding other Commercial real estate for sale in Cape Elizabeth? You can browse all Cape Elizabeth real estate or contact a Coldwell Banker agent to request more information.

