Mixed-Use Property with
For Sale
$349,000
1587 Atlantic Highway, Waldoboro, ME 04572
Existing restaurant space with an upstairs apartment and a lease extending through May 2028.
Property Size1,755 SF
Price / SF$198.86
Days on Market49
Property Features for 1587 Atlantic Highway
General Information
Standard status
Active
Size
1,755 SF
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
1950
Listing Agency:
Drum & Drum Real Estate Inc.
Listed By:
Jeanette Wordock
(207) 680-3667
Source:
Portsiderealestategroup
Added: Jul 14
Changed: Aug 30
Last Checked: Aug 30 at 2:41PM
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 Drum & Drum Real Estate Inc.
Investment Insights
Based on property information with market context.
This mixed-use property contains 1,755 square feet and was built in 1950. The building is currently operating as a restaurant, with an upstairs apartment that is also rented, providing both commercial and residential components within one asset.
Located at 1587 Atlantic Highway in Waldoboro, the property fronts Route 1 and benefits from its position along the highway corridor. The existing restaurant operation is subject to a lease extending through May 2028.
Located at 1587 Atlantic Highway in Waldoboro, the property fronts Route 1 and benefits from its position along the highway corridor. The existing restaurant operation is subject to a lease extending through May 2028.
Key Highlights
- 1,755‑square‑foot mixed‑use property at 1587 Atlantic Highway
- Currently operating as a restaurant
- Upstairs apartment is rented
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Dining 31%
Shops & Services 21%
Electronics 3%
Hannaford
Groceries
17,181 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,118 visits/mo
0.5 miles
Citgo
Shops & Services
6,632 visits/mo
0.2 miles
SUBWAY
Dining
2,996 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
1,878 visits/mo
0.5 miles
Demographics for 04572, ME
5,154
Population
2,957
Households
1.7
Avg Household Size
46
Median Age
33%
College-Educated
96%
High-School Grad
71.5 sq mi
ZIP Area
72
Density / Sq Mi
$66,072
Median Household Income
$40,657
Median Earnings
$271,700
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?
Mixed-use property - Existing restaurant space with an upstairs apartment and a lease extending through May 2028.
Where is this mixed-use property located?
The property is located at 1587 Atlantic Highway Waldoboro, ME.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,755‑square‑foot mixed‑use property at 1587 Atlantic Highway; Currently operating as a restaurant; Upstairs apartment is rented
