243 Main Street, Ogunquit, ME 03907 - Photo 1

1/1

$2,600,000

Sold
Closed
Commercial

1/1

Property Description

Prime investment opportunity in the heart of Ogunquit! Located at 243 Main Street, this mixed-use building is a rare find, featuring five fully leased units. The property includes a thriving restaurant space (business not for sale) and four well-maintained residential apartments-three charming one-bedroom units and a spacious two-bedroom unit. With a steady income stream in place, this property offers immediate returns. However, the potential doesn't stop there. As leases end, a savvy buyer has the opportunity to condo the building, maximizing profits by selling off individual units. Situated in a highly desirable area, just moments from Ogunquit's beautiful beaches, shops, and attractions, this property is perfectly positioned for long-term growth. Whether you're looking to expand your investment portfolio or explore condo conversion opportunities, 243 Main Street is a must-see. Don't miss out on this chance to own a piece of Ogunquit's vibrant downtown!

Full Property Details

Full Property Details for 243 Main St

General

Sold For: $2,600,000
Taxes: $8,713 (2023)
Status: Closed
Type: Commercial
Source: MREIS
MLS ID: 1602016
Added to Site: 510 day(s) ago

Business

Business Type: Bar/Tavern/Lounge, Commercial, Freestanding Building

Interior

Interior Features: Storage
Flooring: Wood, Vinyl, Carpet

Additional Information

Equipment: Internet Access Available, Cable

Parking

Parking Features: 5 - 10 Spaces, On-Site Parking, Paved

Location

County: York

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air Conditioning, Air Conditioning Units
Heating Type: Multi-Zone, Forced Air, Baseboard

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Vinyl Siding, Wood Frame
Roof: Shingle
Stories/Levels: 3
Building Size: 5757
Square Feet: 5,757
Living Area: 5,757 Sq. Ft.
Year Built: 1850
Other Struct. Feat.: Security System

Lot Features

Lot Size (Acres): 0.14
Lot Size (Sq. Ft.): 6,098.4
Zoning: dbd
Lot Description: Water View, Downtown, Business District, Near Shopping, Retail Strip

Financial Considerations

Tax Amount: $8,713
Tax Year: 2023

Disclosures and Reports

Lot Number: 127

Listed by RE/MAX Realty One (207) 646-4546
Sold by Anne Erwin Sotheby's International Realty (207) 363-6640

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Listing agent

— 243 Main St —

RE/MAX Realty One

207-646-4546

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Schools

Schools serving 243 Main St

School District:Wells-Ogunquit Community School District

Name	Grades	Distance
Wells Elementary School 276 Sanford Road, Wells, ME 04090	K-4	4.9 mi
Wells Junior High School 1470 Post Road, Wells, ME 04090	5-8	4.9 mi
Wells High School 200 Sanford Road, Wells, ME 04090	9-12	4.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 243 Main St

Date

Details

Price

Change

Source

2/28/2025

Sold

$2,600,000

-13.19%

MLS

8/29/2024

Listed

$2,995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed

$220,000

9 Bourne Ave #B6 Wells, ME 04090

Condo
Active
Updated 21 hours ago

1
Bed
1
Total Bath
592
Sq. Ft.

Listed by Scott Reiff (207) 712-4918

15 Heritage Dr, Wells, ME 04090 - Photo 1

Just Listed

$699,000

15 Heritage Dr #15 Wells, ME 04090

Condo
Active
Updated 1 day ago

4
Beds
3
Total Baths
2,210
Sq. Ft.

Listed by Jon Finch (207) 478-1502

Just Listed

$1,749,000

52 Post Rd Wells, ME 04090

Commercial
Active

Listed by Anchor Real Estate

46 Buffum Hill Rd, Wells, ME 04090 - Photo 1

Just Listed

$759,900

Open House

46 Buffum Hill Rd Wells, ME 04090

Single Family
Active
Updated 18 hours ago

5
Beds
4
Total Baths
2,876
Sq. Ft.

Listed by Anchor Real Estate

801 US Route 1, York, ME 03909 - Photo 1

Price Reduced

-$5,000 (-1.18%)

$420,000

801 US Route 1 #D2 York, ME 03909

Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,058
Sq. Ft.

Listed by Gosselin Realty Group

3 Bhoireann Ln, York, ME 03909 - Photo 1

Price Reduced

-$50,000 (-4.17%)

$1,150,000

3 Bhoireann Ln York, ME 03909

Single Family
Active
Updated 6 days ago

5
Beds
3
Total Baths
3,666
Sq. Ft.

Listed by Keller Williams Coastal and Lakes & Mountains Realty

4 Jack Rabbit Rdg, York, ME 03909 - Photo 1

Price Reduced

-$45,000 (-3.23%)

$1,350,000

4 Jack Rabbit Rdg York, ME 03909

Single Family
Active
Updated 19 hours ago

3
Beds
3
Total Baths
2,942
Sq. Ft.

Listed by CENTURY 21 Atlantic Realty

19 Old Alewive Rd, Kennebunk, ME 04043 - Photo 1

19 Old Alewive Rd Kennebunk, ME 04043

Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
1,797
Sq. Ft.

Listed by Briana Fecteau (207) 590-5560 and Dan Letellier (207) 590-1776

3 Harbor Ln, Ogunquit, ME 03907 - Photo 1

Sold

$2,900,000

3 Harbor Ln Ogunquit, ME 03907

Multi-Family
Closed

2
Units
0.12
Acres

Listed and Sold by Anne Erwin Sotheby's International Realty

109 Pine Hill Rd, York, ME 03902 - Photo 1

Sold

$2,400,000

109 Pine Hill Rd York, ME 03902

Single Family
Closed

3
Beds
3
Total Baths
3,767
Sq. Ft.

Listed by Anne Erwin Sotheby's International Realty
Sold by Keller Williams Coastal and Lakes & Mountains Realty

17 Intervale Rd, York, ME 03902 - Photo 1

Sold

$2,690,000

17 Intervale Rd York, ME 03902

Single Family
Closed

4
Beds
4
Total Baths
3,366
Sq. Ft.

Listed by Keller Williams Coastal and Lakes & Mountains Realty
Sold by Tim Dunham Realty

86 Ocean Ave Ext, York, ME 03909 - Photo 1

Sold

$2,800,000

86 Ocean Ave Ext York, ME 03909

Single Family
Closed

3
Beds
4
Total Baths
2,394
Sq. Ft.

Listed by Engel & Volkers Portsmouth
Sold by Legacy Properties Sotheby's International Realty

243 Main Street, Ogunquit, ME 03907 (MLS# 1602016) is a Commercial property that was sold at $2,600,000 on February 28, 2025. Want to learn more about 243 Main Street? Do you have questions about finding other Commercial real estate for sale in Ogunquit? You can browse all Ogunquit real estate or contact a Coldwell Banker agent to request more information.

243 Main St Ogunquit, ME 03907