Restaurant with Owner’s
For Sale
$749,000
168 Main Street, Machias, ME 04654
A three-level restaurant operation includes residential space and operates in long-term leased premises with exterior maintenance covered.
Property Size4,330 SF
Price / SF$172.98
Days on Market926
Property Features for 168 Main Street
General Information
Standard status
Active
Size
4,330 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$21,263
Building Details
Building Size
4,330 SF
Stories
3
Listing Agency:
NextHome Experience
(207) 573-7400
Listed By:
Pamela Libby
(207) 721-0000
Source:
Integrityhomesrealestategroup
Added: Apr 24, 2024
Changed: Nov 4
Last Checked: Nov 4 at 7:54AM
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 NextHome Experience
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The restaurant operation occupies 4,330 square feet across three floors and includes a two-bedroom apartment. The bar and dining room have remained closed since 2020, when the retiring owners stopped offering service in those areas. The property is zoned Commercial and is located at 168 Main Street in Machias, Maine.
The premises are held under a long-term lease that removes exterior maintenance responsibilities from the tenant. The business is a Maine pizza franchise serving pizza and Italian food.
The premises are held under a long-term lease that removes exterior maintenance responsibilities from the tenant. The business is a Maine pizza franchise serving pizza and Italian food.
Key Highlights
- 4,330‑square‑foot restaurant operation across three floors
- Two‑bedroom apartment included in the premises
- Bar and dining room have been closed since 2020
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
17k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 85%
Electronics 10%
Shops & Services 5%
Dunkin' Donuts
Dining
10,492 visits/mo
0.1 miles
SUBWAY
Dining
3,678 visits/mo
0.4 miles
U.S. Cellular
Electronics
1,581 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
891 visits/mo
0.2 miles
Demographics for 04654, ME
3,312
Population
1,928
Households
1.7
Avg Household Size
45
Median Age
25%
College-Educated
89%
High-School Grad
120.8 sq mi
ZIP Area
27
Density / Sq Mi
$48,049
Median Household Income
$28,889
Median Earnings
$721
Median Rent
$164,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A three-level restaurant operation includes residential space and operates in long-term leased premises with exterior maintenance covered.
Where is this conventional restaurant located?
The property is located at 168 Main Street Machias, ME.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 4,330‑square‑foot restaurant operation across three floors; Two‑bedroom apartment included in the premises; Bar and dining room have been closed since 2020
