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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.

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

PROPERTY TAXES

Parcel Number
OGUN-000006-000000-000112
Land Assessment
£530,808
Improvements Assessment
£365,380
Total Assessment
£896,187
  • Listing ID: 29085376

  • Date on Market: 24/07/2023

  • Last Updated:

  • Address: 200 Shore Rd, Ogunquit, ME 03907

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