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Listed by Colby Coppage Compass Real Estate
$ 3,499,000
Est. payment /mo
Active
115 Perkins Cove RD Ogunquit, ME 03907
2,952 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,952 sqft
Price per Sqft $1,185
MLS Listing ID 1675431
HOA Y/N No
Year Built 2009
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 2952
Property Description
115 Perkins Cove is a versatile four-unit mixed-use waterfront property. It includes a three-bedroom, 2.5 bath penthouse spanning the upper two levels, a ground-level oceanfront studio, and two street-level commercial units. The Penthouse is entered on the lower of its two levels, which includes a primary suite with a fireplace, full bathroom and ocean views. A second bedroom, another full bathroom and a third bedroom currently configured as a living room complete this level. Upstairs, the kitchen, dining area, fireside sitting area and sprawling water views come together in an open-concept layout. This level provides dual outdoor spaces: a deck facing the ocean and a larger deck overlooking Perkins Cove, suitable for outdoor dining and entertaining. The studio has its own entrance, deck, and fireplace, allowing it to serve as private guest accommodations or separate rental. The two commercial spaces, which are currently leased, provide a predictable and additional source of income. While not historically operated as full-time rentals, the penthouse and studio have seller-projected annual gross ST revenue of 250k - 310k. Projections are provided for informational purposes only and should be independently evaluated. Located in the heart of Perkins Cove, the property is surrounded by galleries, restaurants, shops, boat excursions and the Marginal Way, with Ogunquit's beach, village center and the Playhouse nearby. The property may be purchased separately, or together with one or both neighboring properties at 113 and 117 Perkins Cove Road. An owner could continue using the residential and commercial spaces to generate income or occupy the main residence while renting the studio and two commercial spaces. The property also offers potential for a different configuration or use over time, subject to applicable approvals. Rental history & projections available upon request.
Location
State ME
County York
Zoning SG2
Rooms
Basement Finished, Partial
Interior
Heating Propane, Forced Air, Heat Pump
Cooling Central Air, Heat Pump, Window Unit(s)
Flooring Tile, Wood, Other
Exterior
Parking Features On Site
Waterfront Description Oceanfront
Roof Type Shingle
Building
Lot Description Near Shopping
Entry Level Multi-Level
Water Public
Others
Tax ID OGUN-000003-000074-A000000
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