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Upscale Ogunquit Inn 571 Main St 14 Room Bed and Breakfast Ogunquit, ME 03907 $6,500,000 ($464,286/Room)



INVESTMENT HIGHLIGHTS
- 14 Keys - Unique And Well-Appointed Guestrooms and Suites
- Suite Expansion Potential
- Expand F&B Service and Addition of Full Liquor License
- Heated Outdoor Saltwater Pool, Library Loft, Year-Round Outdoor Saltwater Hot Tub, Bar, Spa, Sauna, and Fitness Center, Expansive Breakfast Area
- Potential to Extend Season
- The Gazebo Inn Ogunquit is one of Ogunquit’s most recognized and respected boutique inns
EXECUTIVE SUMMARY
Upscale Ogunquit Inn with expansion possibilities stands as a premier luxury inn with resort amenities, including a spa, offering an exceptional blend of historic character, modern comfort, and timeless New England charm.
PROPERTY FACTS
| Price | $6,500,000 | Building Size | 8,222 SF |
| Price Per Room | $464,286 | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1847/2005 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Bed and Breakfast | Parking Ratio | 1.14/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.65 AC | ||
| Zoning | GBD2 | ||
| Price | $6,500,000 |
| Price Per Room | $464,286 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 8,222 SF |
| No. Rooms | 14 |
| No. Stories | 2 |
| Year Built/Renovated | 1847/2005 |
| Tenancy | Single |
| Parking Ratio | 1.14/1,000 SF |
| Corridor | Interior |
| Zoning | GBD2 |
AMENITIES
- Fitness Center
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- On-Site Bar
- Outdoor Pool
- Bed & Breakfast
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 571 MAIN ST , OGUNQUIT, ME 03907
Nestled in the heart of Ogunquit, one of Maine’s most beloved coastal destinations, the Gazebo Inn Ogunquit stands as a premier luxury inn offering an exceptional blend of historic character, modern comfort, and timeless New England charm. Originally a classic post-and-beam barn, the property has been masterfully transformed into a distinguished inn featuring fourteen unique guest accommodations, a serene outdoor pool and spa, and inviting common areas that exude warmth and sophistication. The Inn has a proven record of profitability, a loyal repeat clientele, and a convenient location within walking distance to Ogunquit’s renowned beach and village, featuring popular restaurants, shops, and attractions. The Gazebo Inn Ogunquit represents a rare opportunity to acquire a unique inn in Southern Maine’s most desirable tourist destination. Prime Ogunquit Location: Walking distance to Footbridge Beach and minutes from downtown Ogunquit’s restaurants, shops, and attractions. A seasonal trolley stop, located directly in front of the property, provides easy access to Perkins Cove and the town center. Historic Character & Upscale Accommodations: Originally constructed in 1847, the property blends authentic farmhouse and barn architecture with luxury finishes, including radiant-heated floors, propane fireplaces, and mini-splits (all updated in 2021). Transformation: Under the current ownership since 2005, the Barn underwent a full rebuild starting in 2008, blending historic preservation with luxury upgrades in a methodical, quality-driven approach, with continuous upgrades and renovations. Comprehensive Renovations: Including fully renovated baths between 2020–2023 Structural & Efficiency Enhancements: Buildings feature 12-inch insulated floors for superior energy efficiency and soundproofing. The Barn features elevator service for guests and laundry facilities. Exceptional Amenities: Heated Outdoor Saltwater Pool, Library Loft, Year-Round Outdoor Saltwater Hot Tub, Bar, Spa, Sauna, and Fitness Center, Expansive Breakfast Area Mechanical & Safety Systems: Three commercial washers and dryers Propane storage, sprinkler system, Kohler steam generator, and three 100-gallon water storage tanks supplying three instant hot water units All systems are inspected and serviced annually Additional Facilities: Three-Car Oversized Garage/Storage: Ample space for vehicle storage & equipment. Commercial Laundry Room: Fully equipped, commerical-grade laundry facility Turnkey Opportunity: The resort is well-maintained and fully operational, allowing for a seamless transition to new ownership and providing an immediate revenue stream.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $369.00 | - |
| Guest Room | 8 | $299.00 | - |
PROPERTY TAXES
| Parcel Number | OGUN-000013-000005-A000000 | Improvements Assessment | $1,641,900 |
| Land Assessment | $432,000 | Total Assessment | $2,073,900 |
PROPERTY TAXES
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Upscale Ogunquit Inn | 571 Main St
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