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    69 Johnson St Lubec, ME 04652

    For Sale
    $2,295,000

    Maine Coast Commercial Gem: 15 Suites, Restaurant

    Property size:
    35,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional oceanfront property in Lubec, Maine, encompasses a thriving inn and restaurant. The Inn on the Wharf boasts 15 elegantly appointed guest suites, including three spacious two-bedroom, two-bathroom units with fully equipped kitchens. A popular Fisherman's Wharf Restaurant offers casual oceanfront dining featuring fresh, local seafood, a full bar, and outdoor seating. A versatile conference/event space is perfect for gatherings or corporate retreats. Additional amenities include a gift shop and community room. The property also includes a substantial 9,000 square foot wharf and a 6,000 square foot warehouse/garage, offering significant expansion potential. The 35,000 square foot property sits on a 1.46-acre lot. The business has been successfully operated for 18 years, with all furnishings, fixtures, and equipment included in the sale. Seller financing may be available. This turnkey operation presents a unique opportunity for a new owner to capitalize on an established, successful business.

    Property Features for 69 Johnson St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    35,000 SF
    Lot Size
    63,598 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Clothing Store Hotel & Motel Kitchen & Bath HVAC Service Food Market Grocery Store Bar & Pub Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubec
    County
    Washington
    State
    Maine
    Longitude
    -66.99023
    Latitude
    44.86198

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    Nearby Similar for Sale

    • $634,900
      1,840 SF

      Renovated Multi-Use Commercial Building

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      View Details
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      Commercial real estate • 15,200 SF
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      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Maine Coast Commercial Gem: 15 Suites, Restaurant
    Where is this commercial real estate located?
    The property is located at 69 Johnson St Lubec, ME.
    What is the asking price?
    The asking price for this property is $2,295,000.
    (207) 924-2264
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    69 Johnson St Lubec, ME 04652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    69 Johnson St Lubec, ME 04652
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