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Waterfront Restaurant with Dock
New
For Sale
$5,995,000

11 Thurston Rd, Bernard, ME 04612

A seasonal dining operation combines indoor and outdoor seating with views across an active harbor.

Property SizeContact for details
Days on Market7

Property Features for 11 Thurston Rd

General Information

Standard status Active

Restaurant

Seating Capacity 178
Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes

Taxes and HOA fees

Annual Taxes $36,991
Listing Agency: LandVest, Inc.
Listed By: Scott McFarland
Source: Exprealty
Added: Sep 30 Changed: Oct 5 Last Checked: Oct 4 at 2:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LandVest, Inc.

Investment Insights

Based on property information with market context.

This seasonal restaurant accommodates 178 guests in a mix of indoor and outdoor dining areas. The property also features a post-and-beam bar with a stone fireplace, along with furniture and equipment used in the business. The restaurant was added in 1993, and the operation includes a commercial lobster pound business.

The waterfront property encompasses over 600 ft of shoreline and includes commercial wharves, a fuel dock, and parking. Boating facilities provide 200 plus feet of deep-water float space and another 200 plus feet of float space for dinghies and shallow-draft vessels. An office with a two-bedroom employee apartment above is also part of the offering.

Key Highlights

  • 178 seats across indoor and outdoor dining areas
  • Over 600 ft of waterfront
  • Commercial lobster pound business and wharves

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Auto Repair Shop Auto Parts Store Storage Facility Fish Market Gym & Fitness Center

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

32
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04612, ME

590
Population
488
Households
1.2
Avg Household Size
49
Median Age
52%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
140
Density / Sq Mi
$85,694
Median Household Income
$41,667
Median Earnings
$967
Median Rent
$378,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A seasonal dining operation combines indoor and outdoor seating with views across an active harbor.
Where is this conventional restaurant located?
The property is located at 11 Thurston Rd Bernard, ME.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: 178 seats across indoor and outdoor dining areas; Over 600 ft of waterfront; Commercial lobster pound business and wharves
More about this property
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