2521 Atlantic Hwy Lincolnville, ME 04849
- Turn key restaurants
- 0.51 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 2521 Atlantic Hwy
- Lot size
- 0.51 lot acres
- Property type
- 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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $400,000
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Location Insight
- Map
- Local Demand
- City
- Lincolnville
- County
- Waldo
- State
- Maine
- Longitude
- -69.008
- Latitude
- 44.2831
