Restaurant With Second-Floor
1587 Atlantic Highway Waldoboro, ME 04572
New
1587 Atlantic Highway, Waldoboro, ME, 04572
$349,000
For Sale
$349,000
COMMERCIAL - Waldoboro, ME
Property Size1,755 SF
Lot Size0.37 Acres
Price / SF$198.86
Days on Market2
Property Features for 1587 Atlantic Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- commercial residenti
- Rooms
- Basement
- Basement
- Unfinished, Full, Sump Pump
- Standard status
- Active
- Size
- 1,755 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5506
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Forced Air, Oil, Natural Gas, Heat Pump (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Composition
Listing agency
Drum & Drum Real Estate Inc.
(207) 563-1772
Listed by
Jeanette Wordock
(207) 563-1772
Added: Jul 20 Checked: Jul 21 at 7:06PM
MLS# 1672690
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.
This property is currently operating as a restaurant and includes a second-floor apartment. The restaurant is leased through May of 2028 with monthly rental of $3,000. The upstairs apartment is separately rented for $1,100 per month.
Located at 1587 Atlantic Highway (Route 1) in Waldoboro, Maine, the asset benefits from visibility along Route 1. It is a commercial-residential zoned property per the listing information.
Offered for sale as a combined commercial and residential income setup, it presents an owner with two existing rental streams while maintaining restaurant operations under the current lease term.
Located at 1587 Atlantic Highway (Route 1) in Waldoboro, Maine, the asset benefits from visibility along Route 1. It is a commercial-residential zoned property per the listing information.
Offered for sale as a combined commercial and residential income setup, it presents an owner with two existing rental streams while maintaining restaurant operations under the current lease term.
Key Highlights
- Currently operating as a restaurant with lease in place until May 2028 at $3,000/month
- Upstairs apartment is rented for $1,100
- Built in 1950 with wood frame construction and wood siding
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Roadside Eats
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Operating restaurant on Route 1 with a leased term through May 2028 and a rented upstairs apartment.
Where is this conventional restaurant 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: Currently operating as a restaurant with lease in place until May 2028 at $3,000/month; Upstairs apartment is rented for $1,100; Built in 1950 with wood frame construction and wood siding
