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Property profile & analytics
OFF-MARKET
Commercial real estate

127 State Rte Bristol, ME 04554

7,084 SF 3.06 ac lot Built 1940
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Total area 7,084 SF
Lot 3.06 ac (133,294 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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