12 Unit Multifamily Retail Investment Ogunquit Maine
LUX Realty is pleased to offer to qualified investors the Ogunquit Plaza & Apartments complex located at 731 Main Street in Ogunquit, Maine 03907.
The property consists of a 12-unit multifamily/retail building situated on 1.41 +/- acres with direct views of the Atlantic Ocean. This two-story building contains 8 residential apartments on the second floor, 4 retail/commercial units on the ground level and ample surface parking.
One of the retail/commercial units contains an owner-operated, fully equipped Laundromat with stabilized cash flow from many years of operation. There is also an opportunity to construct an 8,000 SF expansion building on the site, to the rear of the existing building.
Exclusively Offered at $1,500,000.
Contact Daren Hebold, CCIM for a conversation and to obtain the Confidential Financials.