571 Main St, Ogunquit, ME 03907

• Prime Ogunquit Location: Walking distance to Footbridge Beach and minutes from downtown Ogunquit’s restaurants, shops, and attractions. A seasonal trolley stop, located directly in front of the property, provides easy access to Perkins Cove and the town center.

• Historic Character & Upscale Accommodations: Originally constructed in 1847, the property blends authentic farmhouse and barn architecture with luxury finishes, including radiant-heated floors, propane fireplaces, and mini-splits (all updated in 2021).

• Transformation:

  • Under the current ownership since 2005, the Barn underwent a full rebuild starting in 2008, blending historic preservation with luxury upgrades in a methodical, quality-driven approach, with continuous upgrades and renovations.

  • Comprehensive Renovations: Including fully renovated baths between 2020–2023

• Structural & Efficiency Enhancements: Buildings feature 12-inch insulated floors for superior energy efficiency and soundproofing. The Barn features elevator service for guests and laundry facilities.

• Exceptional Amenities: (Click the Box to Review the Amenities)

• Mechanical & Safety Systems:

  • Three commercial washers and dryers

  • Propane storage, sprinkler system, Kohler steam generator, and three 100-gallon water storage tanks supplying three instant hot water units

  • All systems are inspected and serviced annually

• Additional Facilities

  • Three-Car Oversized Garage/Storage: Ample space for vehicle storage & equipment.

  • Commercial Laundry Room: Fully equipped, commerical-grade laundry facility

• Turnkey Opportunity:

  • The resort is well-maintained and fully operational, allowing for a seamless transition to new ownership and providing an immediate revenue stream.

Upside:

• Suite Expansion Potential:

  • The Library could be converted into a new luxury suite with great views.

  • The current gym and spa area can be converted into a new luxury suite with direct access to the pool.

• Potential to Extend Season:

  • The Inn is currently closed three nights per week during the off-season. Marketing year-round packages and operating seven days a year-round presents an opportunity to increase annual revenue while leveraging fixed costs more efficiently.

• Add OTAs:

  • An impeccable reputation and a high rate of repeat guests and guest referrals have enabled consistent occupancy without being listed on OTA sites. OTAs could be utilized to increase business by reaching a larger pool of guests, including additional international visitors.

• Expand F&B Service and Addition of Full Liquor License:

  • Opportunity to add additional meal service, including dinner, expand the food offerings, and invite the public to the bar, possibly with a private club format.

  • The existing bar area currently operates as BYOB. Obtaining a license to serve beer, wine, and cocktails would create a new revenue stream and enhance the guest experience.

• Wellness & Spa Revenue:

  • If the new owner maintains the spa services, expanding the offerings (e.g., offering day-use access to locals) could generate additional revenue with minimal investment.

• Events:

  • Currently hosts few events, limited to elopements. Events & hosting destination weddings of varying sizes offer the potential for significant additional revenue.

• Rate Growth Potential:

  • New owner would be well-positioned to implement strategic rate increases. The Gazebo Inn Ogunquit is already recognized as a luxury, adults-only boutique property offering one of the most comprehensive amenity packages in the Ogunquit market, supporting higher ADRs without compromising occupancy.

• Luxury Market Positioning

  • Continued strength in the Southern Maine coastal lodging market provides room to push rates in line with comparable high-end inns, capturing additional RevPAR growth.

• Capitalize on Ogunquit’s popularity and growing tourism business

  • Well-known vacation destination, drawing visitors year-round for its beaches, natural beauty, art galleries, and outdoor activities, providing ample demand drivers.

  • The Ogunquit commercial real estate market is dynamic and growing, offering the potential for continued appreciation and solid returns on investment.