1587 Atlantic HwyWaldoboro, ME 04572

Property Details for 1587 Atlantic Hwy

Year built

1950

Lot size

0.37 AC

Property size (Sq ft)

2,441 SF

Property type

Mixed-use properties

Description

This meticulously renovated 2,441 sq ft mixed-use property, located at 1587 Atlantic Highway in Waldoboro, ME, presents a unique investment opportunity. Situated on a 0.37-acre lot directly on Route 1, this establishment boasts a thriving restaurant space, comfortably seating approximately 35 patrons. Completely renovated in 2022, the restaurant is equipped with all necessary kitchen equipment (tables, seating, and memorabilia are excluded). Town water and sewer services ensure convenient operation. Adding to its appeal, a one-bedroom apartment occupies the upper level, providing significant potential for supplemental rental income. This versatile property seamlessly blends commercial and residential uses, making it an ideal choice for entrepreneurs seeking a turnkey operation with immediate income generation. The strategic location on a major thoroughfare guarantees high visibility and accessibility, promising strong returns on investment. This is a rare chance to acquire a well-established, updated property in a desirable coastal Maine location. Don't miss this chance to own a piece of thriving coastal Maine commerce.

Location Insight

City

Waldoboro

County

Lincoln

State

Maine

Latitude

44.1019

Longitude

-69.3795

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