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

Overview

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 s ...

Listing Details MLS# 1423006

Location Information

Street #
2531
Street Name
Atlantic Highway
County
Waldo
Town
Lincolnville
State/Province
ME
Zip Code
04849
Leased Land
No
Book
1396
Page
181
Map
015
Lot
055
Zoning
Commercial
Zoning Overlay
Yes
Full Tax Amount $
15338
Tax Year
2019
Association Y/N
No

Contract Information

Original List Price
1599000

Property Information

Primary Use
General Commercial
Surveyed
Yes
Deed/Conveyance Type Offered
Warranty
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Year Built
1770
SqFt Finished Total
4780
Lot Size Acres +/-
0.82
Road Frontage +/-
150

Status Change Info

Pending Date
2020-10-09
Closed Date
2021-01-06
Closed Price
1500000

Water Info

Water Frontage
Yes
Waterfront Amount
400
Water Frontage Owned
400
Water Body Name
Penobscot Bay

Utilities

Utilities On
Yes

More Information

Sold Info

Appraiser Email Address
charestken@gmail.com

Location

Business District
Yes
Near Shopping
Yes
Waterfront
Yes

Source of Water Frontage

Seller
Yes
Survey
Yes

Property Uses

Restaurant
Yes

Water Body Type

Ocean
Yes

Recreational Water

Oceanfront
Yes

Construction

Masonry
Yes
Wood Frame
Yes

Basement

Crawl Space
Yes
Other
Yes
Partial
Yes

Foundation Materials

Poured Concrete
Yes
Stone
Yes

Exterior

Brick
Yes
Clapboard
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes

Heat Fuel

Oil
Yes

Cooling

None
Yes

Floors

Carpet
Yes

Building Features

Generator
Yes
Storage
Yes

Parking

21+ Spaces
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Septic Tank
Yes

Water

Private
Yes
Well
Yes

Sold Terms Other

Arms Length
Yes

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

Documents

IDX
Listing Office: Realty of Maine
Selling Office: Realty of Maine
Last Updated: December - 31 - 2024
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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