Building Details

Flooring type Carpet, Vinyl, Wood

Building materials Wood Frame, Clapboard, Shingle Siding

Roof type Shingle

Listing Agency: Island Property o***@midcoast.com Show Phone

Listed By: John Oldham Show Phone

Added: May 26 Changed: Aug 4 Last Checked: Aug 16 at 1:06AM

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MLS# 1619736

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.

Former Blue Heron Restaurant with approximately 3,000 square feet that can support retail or residential use “up or down,” with the restaurant requiring significant improvement. The building is wood frame construction with clapboard and shingle siding, carpet/wood/vinyl flooring, and a shingle roof.

The property sits on 0.42 acres and includes waterfront features. Utilities include a well and private water source, with public sewer service. Heating includes oil, baseboard, and hot water (heating).

Zoning is business/residential, supporting flexible use within the site’s existing structure and layout.

Key Highlights

• Approximately 3,000 SF former restaurant space for retail or residential conversion
• 0.42‑acre parcel with Waterfront features
• Business/residential zoning

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Computer & Electronic Repair Grocery & Convenience Store Discount Store Restaurant Department Store

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

Location Intelligence

Trade Area within ½ mile

16

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 04848, ME

583

Population

747

Households

0.8

Avg Household Size

56

Median Age

46%

College-Educated

97%

High-School Grad

14.3 sq mi

ZIP Area

41

Density / Sq Mi

$75,625

Median Household Income

$44,625

Median Earnings

$938

Median Rent

$291,300

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Former restaurant space with waterfront access and Business/residential zoning, with substantial improvements needed.

Where is this conventional restaurant located?

The property is located at 107 Derby Road Islesboro, ME.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Approximately 3,000 SF former restaurant space for retail or residential conversion; 0.42‑acre parcel with Waterfront features; Business/residential zoning