Building Details

Building Size 3,400 SF

Year Built 1920

Buildings 1

Stories 3

Listing Agency: The Island Agency m***@theislandagency.com Show Phone

Listed By: Morgan Eaton Show Phone

Source: Startpoint

Added: Mar 31, 2022 Changed: Aug 21 Last Checked: Aug 22 at 1:16PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines a waterfront restaurant with a residential apartment in a 1920 structure. Restaurant improvements include an interior dining room seating 35 and an oceanfront deck accommodating 72 guests, along with custom lighting, oak flooring, and upholstered seating. The apartment includes 2 bedrooms and 2.5 baths, plus two balconies facing the water, a gourmet kitchen, an entertaining area with a bar, and a propane fireplace.

The property is located directly on Stonington Harbor and Main Street, with views across Stonington Harbor, Deer Isle Thorofare, and toward Isle au Haut. Zoning is Mixed Use, supporting the property's combined restaurant and residential configuration.

Key Highlights

• Oceanfront restaurant deck with seating for 72
• Interior dining room with seating for 35
• 2‑bedroom, 2.5‑bath apartment with two waterside balconies

Property Analytics

Property Profile

Current Use

27 Fathoms Waterfront ... Restaurant J. McVeigh Jewelry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Furniture & Home Goods Pharmacy Cafe & Coffee Shop Hair Salon

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

Paved road access

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

645

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Napa Auto Parts Shops & Services

645 visits/mo 0.0 miles

Demographics for 04681, ME

1,056

Population

889

Households

1.2

Avg Household Size

53

Median Age

30%

College-Educated

95%

High-School Grad

9.8 sq mi

ZIP Area

108

Density / Sq Mi

$60,147

Median Household Income

$37,083

Median Earnings

$775

Median Rent

$212,500

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Restaurant and apartment configuration with dining areas, kitchen facilities, and waterside outdoor space.

Where is this mixed-use property located?

The property is located at 27 Main Street Stonington, ME.

What is the asking price?

The asking price for this property is $1,195,000.

What are key features of this property?

This property features: Oceanfront restaurant deck with seating for 72; Interior dining room with seating for 35; 2‑bedroom, 2.5‑bath apartment with two waterside balconies