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    FOR SALE
    Commercial real estate

    237 E Main St Searsport, ME 04974

    4,000 SF 1.5 ac lot Built 1910
    Property ID
    US42-0316279
    237 E Main St, Searsport, ME 04974 For Sale 1 / 57
    $999,900 4,000 SF
    237 E Main St, Searsport, ME 04974
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    Property summary
    AI-generated overview

    This stunning, restored 1910 Searsport train station offers a unique turnkey business opportunity. Spanning 4,000 square feet on a 1.5-acre lot at 237 E Main Street, this property is currently operating as a successful restaurant, bakery, market, and studio. The space seamlessly blends historical charm with modern functionality, offering a variety of income streams. Customers can dine in the market or even within the antique train car, adding a unique and memorable experience. Takeout options are also available, featuring award-winning breads, pastas, paninis, sauces, pastries, desserts, and wines. The integrated studio space is designed to host cooking classes, further enhancing the property's appeal and revenue potential. A custom-designed "Chef's Counter" from Italy features a marble top and induction cooktop, offering versatile configuration options for retail display or culinary use. This adaptable counter can be easily reconfigured to face outward for retail shelving or inward for storage and cooking. The private dining studio provides an exclusive space for private events and gatherings. This exceptional property presents a rare opportunity for a chef or entrepreneur to combine their culinary passion with a thriving business in a captivating historical setting. Priced at $1,195,000, this is a truly remarkable investment.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1910
    Total area 4,000 SF
    Lot 1.5 ac (65,340 SF)
    UPID US42-0316279
    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
    Current use
    Occupant on record · Public records
    • Massimo's Restaurant Studio Market Restaurant
    1 occupant on record
    Value estimations
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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