2521 Atlantic HwyLincolnville, ME 04849

  • Retail properties
  • 0.51 AC
For Sale
$1,495,000 View listing

Property Details for 2521 Atlantic Hwy

Lot size
0.51 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
LINE M:001 L:083
APU
LINEM001L083

Description

This exceptional 8,400 square foot mixed-use property, situated on a 0.51-acre lot at 2521 Atlantic Highway in Lincolnville, Maine, presents a unique investment opportunity. The property is home to the legendary Lobster Pound Restaurant, a beloved landmark serving the community for nearly a century. Its enviable beachfront location on the only sand beach in the area has established it as a destination for both tourists and locals seeking a quintessential Maine experience. While the building requires extensive renovation to restore it to its former glory as a restaurant, the potential for revitalization is immense. The property's rich history and prime location offer a compelling opportunity for a variety of uses, subject to local code approvals. Imagine the possibilities: re-establish the iconic restaurant, create a unique hospitality venture, or develop a completely new concept that capitalizes on this unparalleled location. The substantial building size and generous lot provide ample space for expansion or adaptation. This is a rare chance to acquire a piece of Maine history and create a thriving business in a highly desirable coastal setting. The asking price is $1,495,000. Don't miss this chance to own a piece of Lincolnville's legacy.

2521 Atlantic Hwy, Lincolnville, Maine

Location Insight

City
Lincolnville
County
Waldo
State
Maine
Latitude
44.2831
Longitude
-69.008

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,895
$400,900
$598,800
$999,700
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-
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