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Mixed-Use Property with Restaurant
For Sale
$2,200,000

2 Loren Street, Bar Harbor, ME 04609

Multiple buildings combine commercial space, apartments, a two-bedroom home, parking, and additional land.

Property Size4,928 SF
Price / SF$446.43
Days on Market70
Rey
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Property Features for 2 Loren Street

General Information

Standard status Active
Size 4,928 SF
Property subtype Commercial
Zoning Hulls Cove Business
Lease Term []

Additional Details

Utilities to Site Yes
Land Use commercial, residential

Amenities

parking lot

Building Details

Buildings 3
Listing Agency: Portside Real Estate Group
Listed By: April McGuire
Source: Portsiderealestategroup
Added: Aug 7 Changed: Oct 11 Last Checked: Oct 14 at 11:05PM

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 mixed-use property at 2 Loren Street brings together several distinct improvements: a restaurant with an apartment above, a separate two-bedroom house, and an over-under building containing two apartment units. The property also includes a dedicated parking lot and additional vacant land, creating a varied physical layout for commercial and residential occupancy.

The site is designated Hulls Cove Business and has access to public water and sewer. Its Bar Harbor setting is across from Frenchman Bay, with water views and access to the Park entrance. The 4,928-square-foot property combines established commercial space, multiple residential units, parking, and undeveloped land within one holding.

Key Highlights

  • Restaurant with an apartment located above
  • Separate two‑bedroom home included
  • Over‑under apartment building with two units

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Food Market

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Multiple buildings combine commercial space, apartments, a two-bedroom home, parking, and additional land.
Where is this mixed-use property located?
The property is located at 2 Loren Street Bar Harbor, ME.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Restaurant with an apartment located above; Separate two‑bedroom home included; Over‑under apartment building with two units
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