1587 Atlantic Hwy Waldoboro, ME 04572
This meticulously renovated 2,441 sq ft mixed-use property, located at 1587 Atlantic Highway in Waldoboro, ME, presents a unique investment opportunity. Situated on a 0.37-acre lot directly on Route 1, this establishment boasts a thriving restaurant space, comfortably seating approximately 35 patrons. Completely renovated in 2022, the restaurant is equipped with all necessary kitchen equipment (tables, seating, and memorabilia are excluded). Town water and sewer services ensure convenient operation. Adding to its appeal, a one-bedroom apartment occupies the upper level, providing significant potential for supplemental rental income. This versatile property seamlessly blends commercial and residential uses, making it an ideal choice for entrepreneurs seeking a turnkey operation with immediate income generation. The strategic location on a major thoroughfare guarantees high visibility and accessibility, promising strong returns on investment. This is a rare chance to acquire a well-established, updated property in a desirable coastal Maine location. Don't miss this chance to own a piece of thriving coastal Maine commerce.
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Roadside Eats Restaurant
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.