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Property profile & analytics
OFF-MARKET
Turn key restaurants

2521 Atlantic Hwy Lincolnville, ME 04849

0.51 ac lot
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US42-0201970
Property summary
AI-generated overview

This exceptional 8,400 square foot mixed-use property, situated on a 0.51-acre lot at 2521 Atlantic Highway in Lincolnville, Maine, presents a unique investment opportunity. The property is home to the legendary Lobster Pound Restaurant, a beloved landmark serving the community for nearly a century. Its enviable beachfront location on the only sand beach in the area has established it as a destination for both tourists and locals seeking a quintessential Maine experience. While the building requires extensive renovation to restore it to its former glory as a restaurant, the potential for revitalization is immense. The property's rich history and prime location offer a compelling opportunity for a variety of uses, subject to local code approvals. Imagine the possibilities: re-establish the iconic restaurant, create a unique hospitality venture, or develop a completely new concept that capitalizes on this unparalleled location. The substantial building size and generous lot provide ample space for expansion or adaptation. This is a rare chance to acquire a piece of Maine history and create a thriving business in a highly desirable coastal setting. The asking price is $1,495,000. Don't miss this chance to own a piece of Lincolnville's legacy.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.51 ac (22,216 SF)
APN LINE M:001 L:083
UPID US42-0201970
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lobster Pound Restaurant · 13 yrs held
Lobster Pound Restaurant
since 2013
2 recorded transactions
2013
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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