Ogunquit Maine Restaurant 262 Shore Rd 9,740 SF Retail Building Ogunquit, ME 03907 $3,450,000 ($354.21/SF)
INVESTMENT HIGHLIGHTS
- Expand hours to include lunch service
- Strong reputation that can be leveraged for marketing and attracting new customers.
- Benefits from high visibility and traffic, appealing to both tourists and locals in a popular coastal destination.
- Cozy ambiance, including a fireplace and rustic-modern decor, makes it appealing for year-round operation
EXECUTIVE SUMMARY
Located on Ogunquit’s bustling Shore Road, The Maine Catch is a distinguished and profitable dining establishment renowned for its exceptional seafood. This turn-key operation is quickly becoming a local and tourist favorite for seafood. The lucrative operation has a proven track record of growth and profitability.
The restaurant features a two-level dining area with a 160-seat capacity, including a charming outdoor patio, a vibrant bar scene, and an inviting atmosphere accentuated by a stone fireplace, creating a rustic yet modern dining experience.
Ogunquit, one of Maine’s top tourist destinations, enables the restaurant to capitalize on the high tourist traffic and a loyal customer base. With a spacious dining area, a modern kitchen, and a beautifully appointed bar, Maine Catch is perfectly positioned to expand the operation to group business and catering.
The restaurant features a two-level dining area with a 160-seat capacity, including a charming outdoor patio, a vibrant bar scene, and an inviting atmosphere accentuated by a stone fireplace, creating a rustic yet modern dining experience.
Ogunquit, one of Maine’s top tourist destinations, enables the restaurant to capitalize on the high tourist traffic and a loyal customer base. With a spacious dining area, a modern kitchen, and a beautifully appointed bar, Maine Catch is perfectly positioned to expand the operation to group business and catering.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,740 SF
Building Class
C
Year Built
1943
Price
$3,450,000
Price Per SF
$354.21
Tenancy
Single
Building Height
2 Stories
Building FAR
0.42
Lot Size
0.53 AC
Zoning
LBD/R
ABOUT 262 SHORE RD , OGUNQUIT, ME 03907
Property Highlights: Turn-key and offering upside potential for increased revenue and profits 160 - Seats across two floors Fully-equipped commercial kitchen Separate catering kitchen on lower lev Ideal location for gatherings and events Indoor Fireplace Outdoor Patio with heaters Ample on-site parking in an area with limited parking availability
PROPERTY TAXES
| Parcel Number | OGUN-000005-000000-000028 | Improvements Assessment | $809,600 |
| Land Assessment | $795,800 | Total Assessment | $1,605,400 |
