127 State Rte Bristol, ME 04554
This exceptional coastal commercial property in Bristol, ME, presents a unique investment opportunity. The 7,084 square foot complex includes a thriving restaurant with over 300 indoor and outdoor seats, a lively bar area featuring weekly live bands, and a substantial income stream. A significant asset is the 13,000 square foot commercial wharf (per town records), facilitating both retail lobster sales and wholesale operations. The wharf also leases space to a well-established tour boat company offering excursions to Monhegan Island and other destinations. Two additional buildings house a lobster pound, bait shed, and office space. A year-round residence with waterfront views is included, offering potential for dock replacement. Ample parking is available, with one designated area generating considerable rental income. This property boasts a highly desirable location, having served as a filming location for portions of the movie "Message in a Bottle." Detailed financial information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement. The 3.06-acre lot offers significant expansion potential. This is a turnkey operation with established revenue streams and a strong reputation within the community. All photos were taken after the restaurant's closing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.