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Mixed-Use Property with Guest Cottages
For Sale
Contact for pricing
Pending

987 Popham Rd, Phippsburg, ME 04562

Restaurant, retail, lodging, and support facilities combine in a multifaceted commercial property with on-site parking.

Property SizeContact for details
Days on Market142

Property Features for 987 Popham Rd

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes

Amenities

backup generator
private water system
modern septic
Listing Agency: Legacy Properties Sothebys International
Listed By: John McCarthy · License #ME 010833
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:44PM

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 Legacy Properties Sothebys International

Investment Insights

Based on property information with market context.

This mixed-use property brings together a full-service restaurant, ice-cream shop, gift shop, guest cottages, efficiencies, and a guest house. Lodging accommodations support nightly and weekly stays, while dedicated staff housing and owners’ quarters are also located on the property.

The setting includes uninterrupted views of Seguin Light and Fort Popham. Property infrastructure includes a full-capacity backup generator, private water system, and modern septic system. On-site parking serves the restaurant, retail, and lodging components, creating a consolidated hospitality and commercial operation at 987 Popham Rd.

Key Highlights

  • Full‑service restaurant with ice‑cream shop and gift shop
  • Guest cottages, efficiencies, and guest house support nightly and weekly rentals
  • Uninterrupted views of Seguin Light and Fort Popham

Property Analytics

Current Use

Spinney's Oceanfront Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Travel Agency Bed & Breakfast Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 04562, ME

2,155
Population
1,694
Households
1.3
Avg Household Size
54
Median Age
38%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
75
Density / Sq Mi
$102,446
Median Household Income
$52,917
Median Earnings
$946
Median Rent
$335,400
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant, retail, lodging, and support facilities combine in a multifaceted commercial property with on-site parking.
Where is this mixed-use property located?
The property is located at 987 Popham Rd Phippsburg, ME.
What are key features of this property?
This property features: Full‑service restaurant with ice‑cream shop and gift shop; Guest cottages, efficiencies, and guest house support nightly and weekly rentals; Uninterrupted views of Seguin Light and Fort Popham
(207) 522-3638 Call to check price and availability
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