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307 Main St
Ogunquit, ME 03907
Retail Property For Sale
Investment Highlights
- High Traffic area
- dedicated parking
- stand alone retail
Executive Summary
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.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
2,487 SF
Building Class
B
Year Built
2009
Price
$1,699,000
Price Per SF
$683.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.83 AC
Zoning
GBD-1 - General Business district
Parking
8 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
94’ on Main Street
Amenities
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | OGUN-000007-000000-000019 | Improvements Assessment | $2,367,100 |
| Land Assessment | $852,100 | Total Assessment | $3,219,200 |
Property Taxes
Parcel Number
OGUN-000007-000000-000019
Land Assessment
$852,100
Improvements Assessment
$2,367,100
Total Assessment
$3,219,200
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