Iconic Restaurant and Wharf For
For Sale
$3,150,000
12712981 131 132 State Route 32, Bristol, ME 04554
Established restaurant and wharf with diverse income streams.
Property Size7,084 SF
Price / SF$444.66
Days on Market626
Property Features for 12712981 131 132 State Route 32
General Information
Standard status
Active
Size
7,084 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$21,512
Amenities
3
Parking.
On Site, Assigned Parking Space, Off Street.
3.06
Ocean
Harbor, Ocean, Extra Storage.
Building Details
Year Built
1940
Listing Agency:
Legacy Properties Sotheby's International Realty
(207) 563-2775
Listed By:
Deborah Fox
(207) 350-1474
Source:
Xome
Added: Nov 24, 2024
Changed: Aug 8
Last Checked: Aug 11 at 5:42AM
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 Legacy Properties Sotheby's International Realty
Investment Insights
Based on property information with market context.
For over 30 years, Shaw's Wharf and Lobster has been a fixture and is now available for purchase. The property features a restaurant with seating for over 300 patrons both indoors and outdoors, complemented by a lively bar area that hosts weekly bands. A 13,000 square foot commercial wharf is included, facilitating lobster sales to both retail customers and wholesale clients. The property also leases space to a tour boat operator providing excursions to Monhegan and other destinations. Additional structures include a lobster pound, bait shed, and office space, alongside a year-round house offering water views and the potential for a replacement dock. Two parking areas are included, one of which generates substantial income. The property, totaling 7,084 square feet, has diverse income streams. The location was notably used in the filming of the movie 'Message in a Bottle'.
Key Highlights
- Established, high‑income restaurant seating 300+ with a lively bar and weekly bands.
- 13,000 sq ft Commercial Wharf for retail and wholesale lobster sales.
- Leased space to a tour boat company providing consistent income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04554, ME
649
Population
964
Households
0.7
Avg Household Size
64
Median Age
59%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
158
Density / Sq Mi
$76,932
Median Household Income
$49,167
Median Earnings
$500,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Established restaurant and wharf with diverse income streams.
Where is this restaurant located?
The property is located at 12712981 131 132 State Route 32 Bristol, ME.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Established, high‑income restaurant seating 300+ with a lively bar and weekly bands.; 13,000 sq ft Commercial Wharf for retail and wholesale lobster sales.; Leased space to a tour boat company providing consistent income.
