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Waterfront Pub and Mixed-Use Property

2531 Atlantic Highway, Lincolnville, ME 04849

For Sale
$1,190,000

A year-round pub shares the waterfront property with a three-bedroom apartment and two offices.

Property Size4,780 SF
Price / SF$248.95
Days on Market314

Property Features for 2531 Atlantic Highway

General Information

Standard status Active
Size 4,780 SF
Property subtype Commercial
Zoning 48 Oceanfront

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Seating Capacity 130
Patio Yes

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $11,559

Building Details

Building Size 4,780 SF
Year Built 1780
Listing Agency: Realty of Maine
Listed By: Richard Butler
Source: Integrityhomesrealestategroup
Added: Jan 2 Changed: Nov 11 Last Checked: Nov 11 at 2:02AM

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

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Investment Insights

Based on property information with market context.

Built in 1780, this waterfront mixed-use property includes a 2,500-square-foot pub with 80 seats indoors. Seasonal outdoor seating increases capacity to 130. A three-bedroom, two-bathroom apartment and two offices are also part of the property, offering a combination of restaurant, residential, and office space.

The property has 400 feet of waterfront on Penobscot Bay and is located on U.S. Route 1 in Lincolnville Beach, between Camden and Belfast. The pub operates year-round and serves both local residents and visitors. Zoning is identified as 48 Oceanfront.

Key Highlights

  • 2,500‑square‑foot pub with 80 indoor seats and seasonal capacity for 130
  • Three‑bedroom, two‑bathroom apartment with two offices
  • 400 feet of waterfront on Penobscot Bay

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Building Supply Furniture & Home Goods Storage Facility 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 04849, ME

3,862
Population
2,521
Households
1.5
Avg Household Size
51
Median Age
48%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
63
Density / Sq Mi
$79,051
Median Household Income
$43,833
Median Earnings
$1,194
Median Rent
$316,900
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A year-round pub shares the waterfront property with a three-bedroom apartment and two offices.
Where is this mixed-use property located?
The property is located at 2531 Atlantic Highway Lincolnville, ME.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 2,500‑square‑foot pub with 80 indoor seats and seasonal capacity for 130; Three‑bedroom, two‑bathroom apartment with two offices; 400 feet of waterfront on Penobscot Bay
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