1587 Atlantic Highway, Waldoboro, ME
$ 450,000
Property Attributes
  • MLS#1586475
  • TypeCommercial
  • CountyLINCOLN
  • CityWaldoboro
  • Zip04572
  • StyleGeneral Commercial
  • Year Built1950
  • Taxes$ 5304
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1755
  • Lot Size0.3 Acres
Data Source:
Maine Listings (MREIS)
Property Description

Recently renovated restaurant located on Route 1, location is very desirable. Town water and sewer seats approximately 35 patrons. There is a one-bedroom apartment above. Rental income is $1,100. monthly with all but electricity included in the rent the apartment is on a separate meter. Tables, seat and decorations do not convey all kitchen equipment included.

General Features

Sewer Public Sewer
Heating Heat Pump,Forced Air
Cooling Heat Pump
Roof Composition
Zoning commercial
Construction Materials Wood Siding,Wood Frame
Year Built 1950
Electric Circuit Breakers
Property SubType General Commercial
Tax Year 2023
Business Type Restaurant
County Lincoln
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Garage Y/N No
Status Active
City Waldoboro
Buyer Agent Compensation 3.0000
View Y/N No
Lot Size Units Acres
Lot Size Square Feet 13068.0
Waterfront Y/N No
Carport Y/N No
Street Name Atlantic
Land Lease Y/N No
Tax Annual Amount 5304.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Tax Lot 15
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Senior Community None

Interior Features

Basement Full,Sump Pump,Unfinished
Flooring Vinyl,Laminate
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Electric On Property Y/N No

Exterior Features

Parking Features 11 - 20 Spaces
Lot Features Near Shopping,Other
Water Source Public
Lot Size Area 0.3
Foundation Details Concrete Perimeter
Building Area Total 1755.0
Street Suffix Highway
Lot Size Acres 0.3
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 04572

Statistics provided by Inside Real Estate

AVG $300K
AVG $3,786
AVG 22
Data Provided by Inside Real Estate®
Year Built
AVG 1950

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