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Mixed-Use Property with Restaurant

87 Main Street, Mars Hill, ME 04758

For Sale
$614,000

A second-floor apartment complements the restaurant, which is licensed to serve 75 patrons.

Property Size3,000 SF
Price / SF$204.67
Days on Market599

Property Features for 87 Main Street

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial
Zoning Mixed Use, commercia

Additional Details

Business Included Yes
Highway Access Yes
Seating Capacity 75
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $3,241

Amenities

Storage

Building Details

Building Size 3,000 SF
Year Built 1900
Listing Agency: Realty of Maine
Listed By: Norman {Jay} Peavey
Source: Integrityhomesrealestategroup
Added: Mar 21, 2025 Changed: Nov 5 Last Checked: Nov 9 at 3:56AM

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

Rey
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Investment Insights

Based on property information with market context.

This Main Street property combines a restaurant with an apartment on the upper floor. The dining operation is licensed for 75 patrons, and restaurant equipment is included. Building features include a loading dock, security system, air conditioning, and a BBHW propane heating system. Updates include a rubber roof.

Located at 87 Main Street in Mars Hill, the property is on Route One. The building dates to 1900.

Key Highlights

  • Restaurant licensed for 75 patrons
  • Apartment occupies the upper floor
  • Restaurant equipment included

Property Analytics

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

Current Use

Al's Diner Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Auto Parts Store Bakery Garden Center

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
Highway access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby

Demographics for 04758, ME

1,370
Population
671
Households
2
Avg Household Size
48
Median Age
20%
College-Educated
91%
High-School Grad
35.1 sq mi
ZIP Area
39
Density / Sq Mi
$63,237
Median Household Income
$44,004
Median Earnings
$483
Median Rent
$146,400
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 second-floor apartment complements the restaurant, which is licensed to serve 75 patrons.
Where is this mixed-use property located?
The property is located at 87 Main Street Mars Hill, ME.
What is the asking price?
The asking price for this property is $614,000.
What are key features of this property?
This property features: Restaurant licensed for 75 patrons; Apartment occupies the upper floor; Restaurant equipment included
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