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

25 and 27 E Main Street, Searsport, ME 04974

Commercial Sale, Searsport, ME

Property Size6,500 SF
Lot Size0.21 Acres
Price / SF$181.38
Days on Market50

Property Features for 25 and 27 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Rooms Basement
Basement Full, Unfinished
Lot features Downtown, Business District, Retail Strip
Standard status Active
Size 6,500 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11169

Utilities

Sewer type Public Sewer
Heating system Oil, Hot Water(Heating), Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Building materials Masonry, Block, Brick, Metal Clad
Roof type Membrane
Listing Agency: Realty of Maine
Listed By: Richard Butler
Added: Jul 18 Changed: Sep 2 Last Checked: Sep 5 at 3:06PM
MLS# 1672489

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 6,500-square-foot mixed-use property comprises two buildings whose first floors are joined into a unified restaurant and music venue. The commercial space includes a professional stage with sound and lighting equipment, a fully equipped commercial kitchen, a dedicated pastry preparation area, and a separate pizza preparation area. Four residential units are located within the buildings: two one-bedroom apartments and two studios. Each apartment and the restaurant space has its own electric meter.

The property occupies 0.21 acres at 25 and 27 E Main Street in Searsport, Maine. Rear private parking accommodates up to 15 vehicles. Building improvements include structural work and new plumbing, with public water and sewer service, central air conditioning, and membrane roofing. Construction includes masonry, block, brick, and metal-clad components, and basement space is present.

Key Highlights

  • 6,500‑square‑foot mixed‑use property at 25 and 27 E Main Street
  • Two one‑bedroom apartments and two studio apartments
  • First floors combined into a restaurant and music venue

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
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two connected buildings combine an operating restaurant and music venue with four separately metered apartments.
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 at 25 and 27 E Main Street; Two one‑bedroom apartments and two studio apartments; First floors combined into a restaurant and music venue
More about this property
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