Current Use by Public Records
- Commercial real estate
Property Details for 695 Lisbon St
- Lot size
- 0.25 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1,767 square foot commercial property, situated on a 0.25-acre lot at 695 Lisbon Street in Lisbon, ME, presents a remarkable investment opportunity. Currently operating as the Railroad Tavern, a well-regarded restaurant, bar, and grill, the property benefits from a high-traffic location with over 15,000 cars passing daily. The expansive outdoor area provides ample space for tented events, accommodating live music, special occasions, and community gatherings. Its prime location adjacent to the Worumbo waterfront offers stunning water views and access to a vibrant waterfront scene, including regular food truck events. This area has become a popular destination for both locals and tourists, creating a thriving atmosphere ideal for year-round events and entertainment. The property's spacious grounds allow for potential expansion, maximizing its strategic positioning for high visibility and exposure. The combination of a successful existing business, a desirable waterfront location, and high traffic volume makes this a truly unique opportunity for a wide range of commercial ventures. The property's potential is limitless, whether for expanding an existing business or developing a new concept. Priced at $550,000, this is a rare chance to acquire prime real estate in a sought-after waterfront location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lisbon
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.061
- Latitude
- 43.9963
