200 Shore Rd

200 Shore Rd , Ogunquit, Maine, 03907 | 4,679 sq.f | $ 2,995,000

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About This Restaurant

Investment Highlights

Local treasure that has been in business for 45 years. Parking for 20+ cars on site.

Executive Summary

Roberto's Restaurant is indeed a cornerstone of the community, boasting a rich history and a multifaceted offering that appeals to both locals and visitors. With its two distinct dining establishments, Roberto's caters to a wide range of tastes, from traditional Italian cuisine to the beloved pizzas from its pizzeria. The recent enhancements to the lounge area and the addition of a new room further enhance its appeal, providing patrons with even more reasons to frequent this beloved establishment. The inclusion of a two-bedroom apartment adds another layer of versatility to the property, making it not just a restaurant but also a potential residence or rental opportunity. And with ample parking and a strategic location close to popular destinations like Perkins Cove and downtown Ogunquit, Roberto's is well-positioned to continue its legacy of success.For aspiring restaurateurs or investors looking to enter the hospitality industry, Roberto's presents a unique opportunity to acquire not just one, but two thriving businesses, along with all the assets needed for a seamless transition. Its status as an Ogunquit institution ensures that it will continue to be a beloved destination for years to come.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,679
  • Building Class    C
  • Year Built    1950
  • Price    2,995,000
  • Price Per SF    640
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.26
  • Land Acres    0.42 AC

Amenities

  • Corner Lot
  • Fenced Lot
  • Fireplace
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

Property Taxes

Parcel Number OGUN-000006-000000-000112 Improvements Assessment $671,900
Land Assessment $462,500 Total Assessment $1,134,400
Date Created: 2024-07-16 04:16:17 Last Updated: 2024-07-16 04:16:17
Address: 200 Shore Rd , Ogunquit, Maine, 03907