200 Shore Rd
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200 Shore Rd
4,679 SF 100% Leased Retail Building Ogunquit, ME 03907 £2,363,055 (£505/SF)
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.
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 Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,679 SF
Building Class
C
Year Built
1950
Price
£2,363,055
Price Per SF
£505
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.26
Land Acres
0.42 AC
Zoning
Rest/Comm - Limited Business District
Parking
20 Spaces (4.27 Spaces per 1,000 SF Leased)
Frontage
150 ft on Shore Rd
Amenities
- Corner Lot
- Fenced Lot
- Fireplace
- Restaurant
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
Parcel Number | OGUN-000006-000000-000112 | Improvements Assessment | £365,380 |
Land Assessment | £530,808 | Total Assessment | £896,187 |
PROPERTY TAXES
Parcel Number
OGUN-000006-000000-000112
Land Assessment
£530,808
Improvements Assessment
£365,380
Total Assessment
£896,187
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200 Shore Rd
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