987 Popham Road, Phippsburg, ME 04562

$2,000,000

Property Type: Commercial Square Footage: 10,926 Lot Size (sq. ft.): 49,223 Status: Closed

Current Price: $2,000,000 List Date: 3/31/2022 Last Modified: 12/31/2024

Overview

Description

The best Maine has to offer! Coastal Maine at your door step with uninterrupted views of Seguin light and Fort Popham. The Iconic Spinneys Restaurant and guest cottages have been satisfying customers for generations. Endless views, diversified income and ample parking are the ingredients that make this a strong investment. Everything comes together with the full service restaurant, ice-cream shop, gift shop, nightly & weekly cottage & efficiency rentals or nightly guest house rentals. Full capacity back up generator, private water system and modern septic. Staff housing on site with excellent owners quarters.

Listing Details MLS# 1430037

Location Information

Street #: 987
Street Name: Popham
Street Type: Road
County: Sagadahoc
Town: Phippsburg
State/Province: ME
Zip Code: 04562
Leased Land: No
Book: 1629
Page: 85
Map: 14
Lot: 21
Zoning: Shoreland
Zoning Overlay: Yes
Full Tax Amount $: 15490
Tax Year: 2018
Association Y/N: No

Contract Information

Original List Price: 2495000

Property Information

Primary Use: General Commercial
Surveyed: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Bank Owned REO: No
Year Built: 1870
Leases: No
SqFt Finished Total: 10926
Lot Size Acres +/-: 1.13
Road Frontage +/-: 336

Status Change Info

Pending Date: 2022-03-24
Kick-Out: No
Closed Date: 2022-06-17
Closed Price: 2000000

Commercial Bldg Information

Confidentiality Statement: Yes

Water Info

Water View: Yes
Water Body Name: Kennebec River

More Information

Utilities

Utilities On: Yes

Sold Info

Appraiser Email Address: Jeff.Mayer@NMRK.com

Location

Water View: Yes
Waterfront: Yes

Property Uses

Hotel/Motel: Yes
Resort: Yes
Restaurant: Yes

Water Body Type

Ocean: Yes

Recreational Water

Oceanfront: Yes
Public: Yes

Construction

Other: Yes
Wood Frame: Yes

Structure Type

Post & Beam: Yes

Basement

Finished: Yes
Full: Yes

Foundation Materials

Block: Yes
Granite: Yes
Stone: Yes

Exterior

Clapboard: Yes
Vinyl Siding: Yes
Wood Siding: Yes

Roof

Pitched: Yes
Shingle: Yes

Heat Fuel

Multi-Fuel System: Yes
Oil: Yes

Floors

Carpet: Yes
Tile: Yes
Wood: Yes

Accessibilitiy Amenities

Level Entry: Yes
Ramped Main Level: Yes

Parking

21+ Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes
Three Phase: Yes

Gas

Bottled: Yes

Sewer

Private Sewer: Yes
Septic Design Available: Yes
Septic Tank: Yes

Water

Other: Yes
Private: Yes

Property Features

Location: Water View; Waterfront Water Body Type: Ocean Recreational Water: Oceanfront; Public Construction: Other; Wood Frame Structure Type: Post & Beam Property Uses: Hotel/Motel; Resort; Restaurant Basement: Finished; Full Foundation Materials: Block; Granite; Stone Exterior: Clapboard; Vinyl Siding; Wood Siding Roof: Pitched; Shingle Heat Fuel: Multi-Fuel System; Oil Floors: Carpet; Tile; Wood Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers; Three Phase Gas: Bottled Sewer: Private Sewer; Septic Design Available; Septic Tank Water: Other; Private

IDX

Listing Office: Legacy Properties Sotheby's International Realty

Selling Office: Keller Williams Realty

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.