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Renovated Restaurant with Outdoor Seating
For Sale
$1,550,000

34 Kennebec Place, Bar Harbor, ME 04609

Restaurant with bar service, indoor dining, and outdoor seating for flexible year-round or seasonal operation.

Property Size1,876 SF
Days on Market1625

Property Features for 34 Kennebec Place

General Information

Standard status Active
Size 1,876 SF
Property subtype Commercial
Zoning E1 Downtown Village

Restaurant

Seating Capacity 126
Patio Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,368

Building Details

Building Size 1,876 SF
Year Built 1910
Stories 1
Listing Agency: Portside Real Estate Group
Listed By: Erica Brooks
Source: Startpoint
Added: Mar 11, 2022 Changed: Aug 17 Last Checked: Aug 21 at 2:30PM

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 Portside Real Estate Group

Investment Insights

Based on property information with market context.

This restaurant property combines a bar area, dining room, and substantial outdoor seating, with approximately 126 seats in total. Improvements include an upgraded kitchen, refreshed exterior paint, new flooring, and a heat pump. The building dates to 1910 and is configured for restaurant operations.

Located at 34 Kennebec Place in Bar Harbor, the property sits near the Village Green and is two blocks from the waterfront. The E1 Downtown Village zoning also permits lodging, multifamily housing, and retail uses, providing flexibility beyond the current restaurant configuration.

Key Highlights

  • Approximately 126 seats across bar, dining room, and outdoor areas
  • Upgraded kitchen, new flooring, exterior paint, and heat pump
  • E1 Downtown Village zoning

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Barber Shop HVAC Service Veterinary Clinic

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

844
Businesses Nearby
Under-served
Demand for This Use

Demographics for 04609, ME

5,089
Population
3,499
Households
1.5
Avg Household Size
48
Median Age
58%
College-Educated
96%
High-School Grad
42.2 sq mi
ZIP Area
121
Density / Sq Mi
$74,408
Median Household Income
$44,455
Median Earnings
$1,190
Median Rent
$451,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant with bar service, indoor dining, and outdoor seating for flexible year-round or seasonal operation.
Where is this conventional restaurant located?
The property is located at 34 Kennebec Place Bar Harbor, ME.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Approximately 126 seats across bar, dining room, and outdoor areas; Upgraded kitchen, new flooring, exterior paint, and heat pump; E1 Downtown Village zoning
More about this property
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