Restaurant with Apartment
For Sale
$614,000
87 Main Street, Mars Hill, ME 04758
Commercial Sale, Mars Hill, ME
Property Size3,000 SF
Lot Size0.28 Acres
Price / SF$204.67
Days on Market48
Property Features for 87 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed Use, commercia
Rooms
Basement
Parking features
Other
Interior features
Storage
Basement
Full, Unfinished
Lot features
Downtown, Near Shopping
Standard status
Active
Size
3,000 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3241
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Propane (Heating), Baseboard, Zoned
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1900
Flooring type
Heavy duty, Tile
Building materials
Wood Frame, Vinyl Siding, Other Exterior
Additional Structures
Storage
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Norman {Jay} Peavey
(207) 478-0084
Added: Jul 9
Changed: Aug 20
Last Checked: Aug 25 at 7:06AM
MLS# 1616723
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.
Investment Insights
Based on property information with market context.
This conventional restaurant property includes a spacious restaurant licensed for 75 patrons, plus a separate apartment above. The building offers interior storage, tile flooring with heavy-duty flooring, and a basement. The structure is a wood frame construction with vinyl siding and other exterior materials, built in 1900.
Recent updates are included as part of the offering, including a rubber roof, a BBHW propane heating system, air conditioning, and a security system. The property also has a loading dock and is set up with public water and public sewer.
Additional information includes hot water zoned baseboard heating with propane, and heat pump cooling. The transaction includes equipment with the complete business and apartment updates described for ready occupancy.
Recent updates are included as part of the offering, including a rubber roof, a BBHW propane heating system, air conditioning, and a security system. The property also has a loading dock and is set up with public water and public sewer.
Additional information includes hot water zoned baseboard heating with propane, and heat pump cooling. The transaction includes equipment with the complete business and apartment updates described for ready occupancy.
Key Highlights
- 0.28‑acre property at 87 Main Street in Mars Hill
- 3,000 SF restaurant and apartment property
- Restaurant licensed for 75 patrons
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Licensed for 75 patrons, with an apartment above and a loading dock.
Where is this conventional restaurant 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: 0.28‑acre property at 87 Main Street in Mars Hill; 3,000 SF restaurant and apartment property; Restaurant licensed for 75 patrons
