2531 Atlantic Highway, Lincolnville, ME 04849 (MLS# 1423006)

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

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 Geo Lat: 44.283582 Geo Lon: -69.008422

Contract Information

Status: Closed Original List Price: 1599000 Sold Price: $1,500,000 Current Price: $1,500,000

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

Sold Info

Appraiser Email Address: charestken@gmail.com

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
Listing Office: Realty of Maine
Last Updated: December - 31 - 2024
2531 Atlantic Highway, Lincolnville, ME 04849- MLS# 1423006
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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.