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$1,699,000 Just Listed
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Property Description
Unlock a standout commercial opportunity in the heart of Ogunquit at 307 Main Street--formerly home to the well-known Panache Gallery. Offering 2,487 square feet of bright, welcoming retail space, this property combines prime visibility with exceptional flexibility in one of Maine's most desirable coastal destinations. Set on a beautifully landscaped lot, the property features the rare advantage of generous on-site parking--an invaluable amenity along Main Street. Located within a small, well-maintained association, owners benefit from streamlined upkeep and manageable expenses. Inside, the open and adaptable floor plan lends itself to a wide range of uses, from retail or gallery space to a personal training gym or an inspired new concept. Surrounded by Ogunquit's vibrant mix of shops, dining, and nearby waterfront attractions, this location offers steady foot traffic and strong business potential. Position your business for success at 307 Main Street--where exposure, convenience, and opportunity come together. Taxes are estimated based on a 40% ownership share within the association structure. Lease option available.
Full Property Details
Full Property Details for 307 Main St #1
General
- Price: $1,699,000
- HOA FEE: $583/month
- HOA FEE FREQ.: Annually
- Taxes: $8,299 (2025)
- Status: Active
- Type: Retail
- Source: MREIS
- MLS ID: 1655289
- Updated: 3/25/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial, Retail
Interior
- Interior Features: Storage
- Flooring: Wood
Additional Information
- Equipment: Internet Access Available, Cable
Parking
- Parking Features: Assigned, 5 - 10 Spaces, Paved
Location
- County: York
- Subdivision: The Panache Condominum Association
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Fiber Cement, Wood Frame
- Roof: Composition, 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: Public Transport Access, Near Turnpike/Interstate, Downtown, Business District, Near Shopping
Financial Considerations
- Association Fee: $7,000
- Assoc Fee Freq.: Annually
- Tax Amount: $8,299
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 19
Listed by RE/MAX Realty One (207) 646-4546
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Schools
Schools serving 307 Main St #1
School District:Wells-Ogunquit Community School District
| Name | Grades | Distance |
|---|---|---|
Wells Elementary School 276 Sanford Road, Wells, ME 04090 | K-4 | 4.7 mi |
Wells Junior High School 1470 Post Road, Wells, ME 04090 | 5-8 | 4.8 mi |
Wells High School 200 Sanford Road, Wells, ME 04090 | 9-12 | 4.7 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 307 Main St #1
Date
Details
Price
Change
Source
3/25/2026
Listed
$1,699,000
7.87%
MLS
1/09/2026
Sold
$1,575,000
—
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
2024
$20,748
48%
$3,211,800
48%
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# 1655289) is a Retail property. 307 Main Street #1 is currently listed for $1,699,000 and was received on March 25, 2026. Want to learn more about 307 Main Street #1? Do you have questions about finding other Retail real estate for sale in Ogunquit? You can browse all Ogunquit real estate or contact a Coldwell Banker agent to request more information.

