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

2527 25 And 27 E Main St, Searsport, ME 04974

Two connected buildings combine commercial operations, apartments, event equipment, and rear parking in one flexible asset.

Property Size6,500 SF
Price / SF$181.38
Days on Market42

Property Features for 2527 25 And 27 E Main St

General Information

Standard status Active
Size 6,500 SF
Total Parking Spaces 15

Units

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

Building Details

Buildings 2
Listing Agency: Realty of Maine
Listed By: Richard Butler
Source: Soldbymichaelthomas
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 25 at 5:28AM

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 includes two buildings whose first floors are integrated into a restaurant and music venue occupied by Hey Sailor!. The commercial area includes a fully equipped kitchen, dedicated pastry and pizza preparation spaces, and a performance area with professional sound and lighting equipment. Four residential units are included: two one-bedroom apartments and two studios.

The property has separate electric meters for the restaurant and each apartment. Both buildings have received structural improvements and new plumbing. A private rear parking area accommodates up to 15 vehicles. The property is located at 2527 25 And 27 E Main St in Searsport, Maine.

Key Highlights

  • 6,500‑square‑foot mixed‑use property with two buildings
  • Commercial space combines restaurant operations with a music venue and performance stage
  • Four residential units: two one‑bedroom apartments and two studios

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store 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

Location Intelligence

Trade Area within ½ mile

38
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 connected buildings combine commercial operations, apartments, event equipment, and rear parking in one flexible asset.
Where is this mixed-use property located?
The property is located at 2527 25 And 27 E Main St 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 with two buildings; Commercial space combines restaurant operations with a music venue and performance stage; Four residential units: two one‑bedroom apartments and two studios
More about this property
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