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Waterfront Restaurant and Wharf
For Sale
$3,150,000

127 129 81 131 132 State Route 32, Bristol, ME 04554

Commercial Sale, Bristol, ME

Property Size7,084 SF
Lot Size3.06 Acres
Price / SF$444.66
Days on Market54

Property Features for 127 129 81 131 132 State Route 32

General Information

Property type Commercial Sale
Property subtype Other
Zoning Shoreland
Parking features Off Street, Assigned
Interior features Storage
Basement Crawl Space, Unfinished
Lot features Waterfront, Water View, Deep Water Access
Standard status Active
Size 7,084 SF
Lot size 3.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 21512

Utilities

Sewer type Septic Tank, Private Sewer
Heating system Hot Water(Heating), Propane (Heating), Baseboard, Oil
Water source Public, Well, Private
Water front features Waterfront, Ocean Front
Water front 1

Building Details

Year built 1940
Flooring type Wood, Vinyl
Building materials Wood Frame, Shingle Siding, Wood Siding
Roof type Shingle
Additional Structures Storage
Listing Agency: Legacy Properties Sotheby's International Realty
Listed By: Deborah Fox
Added: Jul 11 Changed: Aug 19 Last Checked: Sep 2 at 5:06AM
MLS# 1610820

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Bristol property combines a restaurant operation with a commercial wharf, additional support buildings, parking areas, and a year-round residence. The restaurant accommodates 300+ guests across indoor and outdoor seating and includes a bar area. The 13,000 sq ft commercial wharf supports lobster sales to both retail and wholesale customers. Separate structures provide a lobster pound, bait shed, office, and storage space.

Located at 127, 129, 81, 131, and 132 State Route 32, the 3.06-acre property has waterfront and ocean-front features with Shoreland zoning. A tour boat leases space at the wharf for excursions to Monhegan and other destinations. The residence has water views, and two parking areas are included. Improvements date to 1940 and include wood-frame construction, shingle and wood siding, public and private water sources, and septic systems.

Key Highlights

  • 13,000 sq ft commercial wharf serving public and wholesale lobster customers
  • Restaurant seating for 300+ guests indoors and outdoors
  • Waterfront and ocean‑front property totaling 3.06 acres

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Kitchen & Bath Showroom Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04554, ME

649
Population
964
Households
0.7
Avg Household Size
64
Median Age
59%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
158
Density / Sq Mi
$76,932
Median Household Income
$49,167
Median Earnings
$500,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Oceanfront commercial property with substantial seating, a bar area, lobster sales, and supporting waterfront improvements.
Where is this conventional restaurant located?
The property is located at 127 129 81 131 132 State Route 32 Bristol, ME.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 13,000 sq ft commercial wharf serving public and wholesale lobster customers; Restaurant seating for 300+ guests indoors and outdoors; Waterfront and ocean‑front property totaling 3.06 acres
More about this property
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