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Mixed-Use Property with Restaurant
For Sale
$1,179,000

25 and 27 E Main Street, Searsport, ME 04974

Two-building asset combines dining, entertainment, and apartments with separately metered utilities.

Property Size6,500 SF
Price / SF$181.38
Days on Market46

Property Features for 25 and 27 E Main Street

General Information

Standard status Active
Size 6,500 SF
Total Parking Spaces 15
Property subtype Commercial
Lease Term []

Units

Unit Mix 2 x 1BR, 2 x studio
Multifamily Units 4

Additional Details

Utilities to Site Yes

Building Details

Buildings 2
Listing Agency: Realty of Maine
Listed By: Richard Butler
Source: Portsiderealestategroup
Added: Jul 17 Changed: Aug 30 Last Checked: Aug 30 at 9:03PM

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 Realty of Maine

Investment Insights

Based on property information with market context.

This 6,500-square-foot mixed-use property at 25 and 27 E Main Street in Searsport, Maine, brings together two buildings with an integrated first-floor restaurant and music venue. The commercial space includes a fully equipped kitchen, dedicated pastry and pizza preparation areas, and a professional stage supported by sound and lighting equipment. Four residential units complete the layout: two one-bedroom apartments and two studios.

The apartments and restaurant areas are served by separate electric meters. Both buildings have received structural improvements and new plumbing. A private rear parking area accommodates up to 15 vehicles, adding practical support for the combined commercial and residential uses.

Key Highlights

  • 6,500‑square‑foot mixed‑use property comprising two buildings at 25 and 27 E Main Street
  • Integrated first‑floor restaurant and music venue with professional stage, sound, and lighting equipment
  • Commercial kitchen with separate pastry preparation and pizza preparation areas

Property Analytics

Current Use

Hey Sailor Restaurant

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Storage Facility Real Estate Agency Big Box & Wholesale Store

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 04974, ME

2,649
Population
1,628
Households
1.6
Avg Household Size
50
Median Age
28%
College-Educated
95%
High-School Grad
28.7 sq mi
ZIP Area
92
Density / Sq Mi
$61,283
Median Household Income
$42,955
Median Earnings
$891
Median Rent
$242,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building asset combines dining, entertainment, and apartments with separately metered utilities.
Where is this mixed-use property located?
The property is located at 25 and 27 E Main Street Searsport, ME.
What is the asking price?
The asking price for this property is $1,179,000.
What are key features of this property?
This property features: 6,500‑square‑foot mixed‑use property comprising two buildings at 25 and 27 E Main Street; Integrated first‑floor restaurant and music venue with professional stage, sound, and lighting equipment; Commercial kitchen with separate pastry preparation and pizza preparation areas
More about this property
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