Rare Ogunquit Opportunity - Thompson Green 309 Shore Rd

309 Shore Rd , Ogunquit, Maine, 03907 | 12,608 sq.f | $ 4,950,000

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About This Restaurant

Investment Highlights

Executive Summary

Thompson Green provides an opportunity to acquire a unique and irreplaceable property right in the heart of desirable Ogunquit, ME ? conveniently located at the entrance to Perkins Cove, and just a short walk from the downtown corridor.Thompson Green consists of two (2) buildings: The Plaza Building, which is a 10,736? SF two-story commercial building, and The Thompson House, a 1,872? SF historic residential building with previously approved expansion plans. The buildings are located on a 1.25? acre parcel that includes roughly 30? on-site parking spaces.Thompson Green provides ultimate future flexibility. The property is suitable for an investor interested in re-tenanting the property, or for an owner-user looking to capitalize on the busy Ogunquit tourist community. The Plaza building features restaurant infrastructure for incoming food & beverage user. Additionally, the flexible zoning and large lot size allow the possibility of a re-development into hospitality.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Restaurant General Retail Storefront Storefront Retail/Office
  • Building Size    12,608
  • Building Class    B
  • Year Built    1995
  • Price    4,950,000
  • Price Per SF    393
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Slab To Slab    9?
  • Building FAR    0.23
  • Land Acres    1.25 AC

Property Taxes

Parcel Number OGUN-000003-000000-000017 Improvements Assessment $898,200
Land Assessment $1,680,900 Total Assessment $2,579,100
Date Created: 2024-07-16 04:16:18 Last Updated: 2024-07-16 04:16:18
Address: 309 Shore Rd , Ogunquit, Maine, 03907