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    695 Lisbon St Lisbon, ME 04252

    For Sale
    $550,000

    High-traffic location, established business, waterfront views.

    Property size:
    1,767 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1,767 square foot commercial property, situated on a 0.25-acre lot at 695 Lisbon Street in Lisbon, ME, presents a remarkable investment opportunity. Currently operating as the Railroad Tavern, a well-regarded restaurant, bar, and grill, the property benefits from a high-traffic location with over 15,000 cars passing daily. The expansive outdoor area provides ample space for tented events, accommodating live music, special occasions, and community gatherings. Its prime location adjacent to the Worumbo waterfront offers stunning water views and access to a vibrant waterfront scene, including regular food truck events. This area has become a popular destination for both locals and tourists, creating a thriving atmosphere ideal for year-round events and entertainment. The property's spacious grounds allow for potential expansion, maximizing its strategic positioning for high visibility and exposure. The combination of a successful existing business, a desirable waterfront location, and high traffic volume makes this a truly unique opportunity for a wide range of commercial ventures. The property's potential is limitless, whether for expanding an existing business or developing a new concept. Priced at $550,000, this is a rare chance to acquire prime real estate in a sought-after waterfront location.

    Property Features for 695 Lisbon St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,767 SF
    Lot Size
    10,890 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lisbon
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.06104
    Latitude
    43.99632

    Nearby Comparable

    • $475,000
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      Waterfront Restaurant and Event Venue

      Prime commercial property with restaurant, bar, and event space.
      695 Lisbon St, Lisbon, ME 04252
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    • $550,000
      1,767 SF

      Railroad Tavern & Grill: Lisbon, ME

      Established Restaurant & Event Space, Waterfront Views
      695 Lisbon St, Lisbon, ME 04252
      View Details
    • New
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      Lisbon Falls Commercial Revitalization Opportunity

      Shell building in Lisbon's Village Zone with diverse potential uses.
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    • $499,900
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      Two Detached Homes on One Lot

      Two updated homes on one lot, ideal for investors.
      14 Goddard St, Lisbon, ME 04252
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    Nearby Similar for Sale

    • $499,900
      2,381 SF

      Two Detached Homes on One Lot

      Two updated homes on one lot, ideal for investors.
      14 Goddard St, Lisbon, ME 04252
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    • $475,000
      1,767 SF

      Waterfront Restaurant and Event Venue

      Prime commercial property with restaurant, bar, and event space.
      695 Lisbon St, Lisbon, ME 04252
      View Details
    • New
      $399,000
      5,382 SF

      Lisbon Falls Commercial Revitalization Opportunity

      Shell building in Lisbon's Village Zone with diverse potential uses.
      671 Lisbon St, Lisbon, ME 04252
      View Details
    • $550,000
      1,767 SF

      Railroad Tavern & Grill: Lisbon, ME

      Established Restaurant & Event Space, Waterfront Views
      695 Lisbon St, Lisbon, ME 04252
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, established business, waterfront views.
    Where is this commercial real estate located?
    The property is located at 695 Lisbon St Lisbon, ME.
    What is the asking price?
    The asking price for this property is $550,000.
    (207) 784-3800
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    695 Lisbon St Lisbon, ME 04252
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    Lisbon, ME 04252
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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
    695 Lisbon St Lisbon, ME 04252
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