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$1,625,000
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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
- Sold For: $1,625,000
- HOA FEE: $583/month
- HOA FEE FREQ.: Annually
- Taxes: $8,299 (2025)
- Status: Closed
- Type: Retail
- Source: MREIS
- MLS ID: 1655289
- Added to Site: 199 day(s) ago
Business
- Business Type: Commercial, Retail
Interior
- Interior Features: Storage
- Flooring: Wood
Additional Information
- Equipment: Cable, Internet Access Available
Parking
- Parking Features: 5 - 10 Spaces, Paved, Assigned
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: Wood Frame, Fiber Cement
- Basement: Yes
- Basement Desc.: Crawlspace, Unfinished
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 2,487
- Year Built: 2009
Lot Features
- Lot Size (Acres): 0.84
- Lot Size (Sq. Ft.): 36,590.4
- Zoning: GBD-1
- Lot Description: Business District, Downtown, Near Shopping, Near Turnpike/Interstate, Public Transport Access
Financial Considerations
- Association Fee: $7,000
- Assoc Fee Freq.: Annually
- Tax Amount: $8,299
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 19
Listed and Sold by RE/MAX Realty One (207) 646-4546
Get Pre-Approved Today
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 | 4.7 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
10/06/2026
Sold
$1,625,000
-4.36%
MLS
3/25/2026
Listed
$1,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
307 Main Street #1, Ogunquit, ME 03907 (MLS# 1655289) is a Retail property that was sold at $1,625,000 on October 06, 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.

