357 W Main St - Freestanding FOR SALE


Searsport, ME 04974
$1,475,000 USD
603-303-2599
357 W Main St, Searsport, ME for Sale
$1,475,000 USD
Freestanding - FOR SALE
1/82
null | Request Cap Rate

357 W Main St
Searsport, ME 04974


HIGHLIGHTS

  • Exceptionally designed multi use spaces
  • Penobscot Bay/Ocean VIews
  • 32+ paved Parking
  • EV Chargers for 2 cars
  • 265 ft of frontage on Major road (Rt 1)
  • Room for expansion

OVERVIEW

This prime Mid Coastal Maine Commercial Investment Opportunity presents a unique chance to own an iconic meticulous property on Route 1 where commercial viability seamlessly integrates with picturesque views of Penobscot Bay. Set on The property features multiple mixed use modern retail and commerce units with their own entrances. In response to the growing consumer demand there are two on-site EV charging stations.The main 8,800+/- sf building prioritizes ADA accessibility throughout and multi use options.  This includes a 100 seat full service restaurant, full bar plus outdoor seating with views for 25. The main dining area is an architecturally designed standout gem that seamlessly blends form and function. With its unique and thoughtfully crafted design, central 3-sided fireplace, custom vertical ceiling fans and movable partitions not only meets practical needs but also serves as a stunning visual centerpiece. Serviced by huge commercial kitchen, separate prep area and storage. There is an active bakery with a separate kitchen, prep area, gift shop, retail space, a second floor office with panoramic ocean views. At the other end is a sizable open workshop with high ceilings, two offices, an attached garage and drive-through warehouse behind. On the property is a separate 30 x 40 Quonset garage. The 2.8 acres with over 265 ft of road frontage and expansive parking for all offers many options to expand.  Its strategic location on the primary commercial corridor connecting Belfast and Searsport and leading to Acadia National Park, offers unparalleled visibility and accessibility, making it an ideal investment for those looking to capitalize on the area’s flourishing market, high traffic and tourist appeal. Whether you're interested in retail, commerce, or mixed-use possibilities, this property’s modern design, adaptable nature of the space, and prime location make it a compelling for investors and business owners alike.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

Residential 4

APN/PARCEL ID

SEAP-000001-000000-000055-A000000

ASK ABOUT THIS PROPERTY

Michael TravisBHHS Verani Realty | WolfeboroMore Info
603-303-2599

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Michael TravisBHHS Verani Realty | WolfeboroMore Info
603-303-2599

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.