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$1,800,000
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Property Description
This exceptional opportunity presents itself as a chance to acquire a landmark building located in the heart of the vibrant downtown village district of Ogunquit, Maine. Ogunquit has been recognized as the top vacation spot by Real Simple Magazine and is consistently ranked as the number one beach in the country, making it a year-round hotspot for tourists. The remarkable 2500-square-foot retail space comes with 8 dedicated on-site parking spaces and a storied history as a successful fine art and jewelry gallery spanning over 15 years. The meticulously landscaped grounds featuring captivating stone paver walkways and stunning flower gardens have firmly established this building as an iconic and beloved part of the community. Designed by a well-known architectural firm, the standalone condo building is characterized by its steel beams, vaulted ceilings, and expansive windows that flood the interior with natural light. Equipped with modern amenities such as HVAC, energy-efficient LED lighting, an alarm system, and a bathroom, the open-concept floor plan offers adaptability and functionality. Situated within the GBD-1 zone, the property allows for a wide range of development opportunities, backed by public utilities. Its strategic central location within the village ensures high visibility, drawing significant vehicular and pedestrian traffic. This unique investment opportunity promises a prime position within a thriving community and the potential for an exciting new chapter.
Full Property Details
Full Property Details for 307 Main St #1
General
- Price: $1,800,000
- Taxes: $1 (2023)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1609016
- Updated: 11/8/2024
- Added to Site: 33 day(s) ago
Business
- Business Type: Commercial, Retail
Parking
- Parking Features: Reserved, 5 - 10 Spaces, Paved
Location
- County: York
- Subdivision: The Panache Condominum Association
Community
- Association: Yes
Structural Information
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2487
- Square Feet: 2,487
- Living Area: 2,487 Sq. Ft.
- Year Built: 2009
Lot Features
- Lot Size (Acres): 0.84
- Lot Size (Sq. Ft.): 36,590.4
- Zoning: GBD-1
- Lot Description: Near Turnpike/Interstate, Downtown, Business District, Near Shopping
Financial Considerations
- Assoc Fee Freq.: Quarterly
- Tax Amount: $1
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 19
Listed by Anne Erwin Sotheby's International Realty (207) 363-6640
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Schools
Schools serving 307 Main St #1
School District:Wells-Ogunquit Community School District
Rating | Name | Grades | Distance |
---|---|---|---|
1470 Post Rd, Wells, ME 04090 | 5-8 | 4.7 mi | |
276 Sanford Rd, Wells, ME 04090 | PK-4 | 4.8 mi | |
200 Sanford Rd, Wells, ME 04090 | 9-12 | 4.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 307 Main St #1
Date
Details
Price
Change
Source
11/08/2024
Listed
$1,800,000
229.88%
MLS
3/04/2008
Sold
$545,646
—
Public Record
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 307 Main St #1
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,995
89%
$2,166,400
85%
2022
$7,417
9%
$1,173,600
40%
2021
$6,815
2%
$837,200
—
2020
$6,698
—
$837,200
—
2019
$6,698
1%
$837,200
—
2018
$6,622
4%
$837,200
—
2017
$6,346
3%
$837,200
10%
2016
$6,167
—
$762,300
—
2015
$6,152
4%
$762,300
—
2014
$5,915
6%
$762,300
—
2013
$5,572
—
$762,300
—
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 307 Main St #1
307 Main Street #1, Ogunquit, ME 03907 (MLS# 1609016) is a Commercial property. 307 Main Street #1 is currently listed for $1,800,000 and was received on November 08, 2024. Want to learn more about 307 Main Street #1? 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.