20 Shore Rd - Storefront Retail/Office CONDO FOR SALE


Ogunquit, ME 03907
$3,300,000 USD
207-251-0632
20 Shore Rd, Ogunquit, ME for Sale
$3,300,000 USD
Storefront Retail/Office CONDO - FOR SALE
1/18
null | Request Cap Rate

20 Shore Rd
Ogunquit, ME 03907


HIGHLIGHTS

  • Located in the center of Ogunquit and walk to beach
  • On site parking
  • Fully renovated

OVERVIEW

20 Shore Road, Units 2A, B, C, and D, represents a prime investment opportunity located in the heart of Ogunquit’s town center, just steps from Main Beach and Marginal Way. This exceptional collective of four individual units was fully remodeled in 2022. The extensive renovation included taking each unit down to the studs to replace all plumbing, electrical, insulation, drywall, ceilings, and flooring, while enhancing structural supports. The floor plans were also optimized to capture additional square footage in the living areas and common entry. Each of the four units features: - New Samsung HVAC heat pump systems (heating and cooling) - New kitchen cabinets, Quartz countertops, and appliances - New European wide-plank white oak flooring - Solid oak kitchen shelving - New bathrooms with tiled showers, glass doors, and premium fixtures - New lighting throughout, including recessed LED fixtures - Solid-core interior and exterior doors with Emtek hardware - Smart Wi-Fi door locks and Ring security cameras - New wall-mounted smart TVs - Custom window treatments and designer wallpaper - Shiplap wall paneling in bedrooms and hallways - 1 dedicated off street parking space Exterior renovations include new all-weather siding for the entire second floor, new light fixtures and doors, and a new rear roof extension. Unit Details: - Unit 1 (Surf Suite): 606 sq. ft. with a private, covered Shore Road-facing deck. - Unit 2 (Ocean Suite): 563 sq. ft. with a private, covered Shore Road-facing deck. - Unit 3 (Sun Suite): 547 sq. ft. with a private, covered Shore Road-facing deck. - Unit 4 (Beach Suite): 528 sq. ft. with a new private back deck and automated awnings. Totaling 2,244 square feet plus a common access hallway, this property is a rare find for a discerning buyer.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$1,471 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

2,244 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

DBD

APN/PARCEL ID

OGUN-000007-000118-000008

ASK ABOUT THIS PROPERTY

Gail BergeronAland Realty Group LlcMore Info
207-251-0632

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Gail BergeronAland Realty Group LlcMore Info
207-251-0632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.