2531 Atlantic Highway, Lincolnville, ME 04849
$1,500,000
Property Type:
Commercial
Square Footage:
4,780
Lot Size (sq. ft.):
35,719
Status:
Closed
Current Price:
$1,500,000
List Date:
7/03/2019
Last Modified:
12/31/2024
Description
Historic Waterfront Property.
One of Mid-Coast Maine's most popular pub/restaurants. Great opportunity to acquire an established, turnkey business of 25 years with very impressive financials. Current owners have retirement on their minds and are looking for a buyer with an entrepreneurial spirit and a sense of community.
The property boasts a 2500 sq. ft. 80 seat pub that expands to 130 seats during the summer months as well as a 2280 sq. ft. apartment/home with 3 bedrooms, 2 bathrooms, 2 offices and some extraordinary views of Penobscot Bay with 400 ft of waterfront . The year round Pub is popular with locals and tourists alike. It is ideal for an owner/operator or for a live-in manager.
This historic, oceanfront building is located in the town of Lincolnville Beach on heavily trafficked Route 1, midway between Camden and Belfast. Harbor moorings for your customers as well as potential wharfing rights are part of this exceptional offering. An adjacent Inn is also available for sale See 3D Matterport Virtual Tour.
Supplements: ********
More Information MLS# 1423006
Location Information
Book: 1396
Leased Land: No
Page: 181
Map: 015
Lot: 055
Zoning Overlay: Yes
Association Y/N: No
Street #: 2531
Street Name: Atlantic Highway
County: Waldo
Town: Lincolnville
State/Province: ME
Zip Code: 04849
Zoning: Commercial
Full Tax Amount $: 15338
Tax Year: 2019
Geo Lat: 44.283582
Geo Lon: -69.008422
Property Information
Primary Use: General Commercial
Surveyed: Yes
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
Lot Size Acres +/-: 0.82
Road Frontage +/-: 150
Year Built: 1770
SqFt Finished Total: 4780
Location
Business District: 1
Near Shopping: 1
Waterfront: 1
Water Info
Water Frontage: Yes
Waterfront Amount: 400
Water Frontage Owned: 400
Water Body Name: Penobscot Bay
Source of Water Frontage
Seller: 1
Survey: 1
Property Uses
Restaurant: 1
Water Body Type
Ocean: 1
Recreational Water
Oceanfront: 1
Construction
Masonry: 1
Wood Frame: 1
Basement
Crawl Space: 1
Other: 1
Partial: 1
Foundation Materials
Poured Concrete: 1
Stone: 1
Exterior
Brick: 1
Clapboard: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Heat Fuel
Oil: 1
Cooling
None: 1
Floors
Carpet: 1
Building Features
Generator: 1
Storage: 1
Parking
21+ Spaces: 1
On Site: 1
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Septic Tank: 1
Water
Private: 1
Well: 1
Sold Info
Appraiser Email Address: charestken@gmail.com
Sold Terms Other
Arms Length: 1
Contract Information
Status: Closed
Original List Price: 1599000
Sold Price: $1,500,000
Current Price: $1,500,000
Status Change Info
Pending Date: 2020-10-09
Closed Date: 2021-01-06
Closed Price: 1500000
Property Features
Location: Business District; Near Shopping; Waterfront
Source of Water Frontage: Seller; Survey
Water Body Type: Ocean
Recreational Water: Oceanfront
Construction: Masonry; Wood Frame
Property Uses: Restaurant
Basement: Crawl Space; Other; Partial
Foundation Materials: Poured Concrete; Stone
Exterior: Brick; Clapboard
Roof: Shingle
Heat System: Baseboard
Heat Fuel: Oil
Cooling: None
Floors: Carpet
Building Features: Generator; Storage
Parking: 21+ Spaces; On Site
Electric: Circuit Breakers
Gas: Bottled
Sewer: Septic Tank
Water: Private; Well
Sold Terms Other: Arms Length
Other Public Access 1 ›
Listing Office:
Realty of Maine
IDX
Last Updated: December - 31 - 2024
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