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Restaurant with Full Bar
For Sale
$629,000

56 Main Street, Harrison, ME 04040

Commercial Sale, Harrison, ME

Property Size4,485 SF
Lot Size2.58 Acres
Price / SF$140.25
Days on Market123

Property Features for 56 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Res & Lim. comm
Rooms Basement
Parking features Offsite
Interior features Storage
Basement Full, Walk-Out Access
Accessibility Accessible Approach with Ramp
Lot features Downtown, Business District, Historic District, Near Shopping
Standard status Active
Size 4,485 SF
Lot size 2.58 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6650

Utilities

Sewer type Private Sewer
Heating system Zoned, Forced Air, Propane (Heating), Pellet Stove
Cooling system Central Air
Water source Public

Amenities

full bar
fireplace lounge
direct trail access
boat docks
three-phase power
zoned forced-air heating
pellet stove
central air conditioning
public water
private sewer
wheelchair accessible

Building Details

Flooring type Wood, Tile
Building materials Wood Frame, Wood Siding
Roof type Metal
Additional Structures Storage
Buildings 1
Listing Agency: Oberg Insurance & Real Estate Agency, Inc.
Listed By: Jaime Rolfe
Added: Jul 7 Changed: Oct 27 Last Checked: Nov 6 at 12:06PM
MLS# 1660395

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 4,485-square-foot restaurant occupies a 2.58-acre property at 56 Main Street in Harrison Village. The wood-frame building includes seating for 125, a full bar, live-music area, fireplace lounge, storage, and a full walk-out basement. Renovations were completed in 1996, with wood and tile flooring, a metal roof, and a granite, block, and poured-concrete foundation.

The property is positioned between Long Lake and Crystal Lake, with town boat docks across the street and direct snowmobile-trail access behind the building. Building systems include three-phase power, zoned forced-air heating, a pellet stove, central air conditioning, public water, and private sewer. The restaurant is fully wheelchair accessible and is zoned Res & Lim. comm.

Key Highlights

  • 4,485‑square‑foot restaurant on 2.58 acres at 56 Main Street, Harrison, ME 04040
  • Seating for 125 with full bar, live music, and fireplace lounge
  • Between Long Lake and Crystal Lake with town boat docks across the street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,254
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,005,080 $1.0M
Cap Rate 7%
$717,914 $717.9K
Cap Rate 9%
$558,378 $558.4K
Market Conditions
NOI Build-Up for 4,485 SF
Gross rent
$80.7K $18.00/SF
− Vacancy
−$13.7K −$3.06/SF
EGI
$67.0K $14.94/SF
− OpEx
−$16.8K −$3.74/SF
NOI
$50.3K $11.21/SF
Area
Cumberland County, ME
Vacancy
17.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,005,080
Cap Rate 7%
$717,914
Cap Rate 9%
$558,378

Alternative Uses

Best Use
Specialty Retail
$717.9K
$628.2K – $837.6K (±1% cap)
NOI $50,254 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,289 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop Garden Center 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

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04040, ME

2,853
Population
2,128
Households
1.3
Avg Household Size
52
Median Age
32%
College-Educated
94%
High-School Grad
62.0 sq mi
ZIP Area
46
Density / Sq Mi
$58,267
Median Household Income
$40,176
Median Earnings
$795
Median Rent
$243,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Cumberland County, ME

$206 Jul
$194 Aug
$194 Sep
$233 Oct

Properties on Market for Conventional restaurants in Cumberland County

Jul
Aug
Sep
Oct

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?
Conventional restaurant - Renovated village restaurant with a bar, fireplace lounge, accessible entry, and four-season recreational access.
Where is this conventional restaurant located?
The property is located at 56 Main Street Harrison, ME.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 4,485‑square‑foot restaurant on 2.58 acres at 56 Main Street, Harrison, ME 04040; Seating for 125 with full bar, live music, and fireplace lounge; Between Long Lake and Crystal Lake with town boat docks across the street
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