25 and 27 E East Main ST new Save Request In-Person Tour Request Virtual Tour
Searsport,ME 04974
Key Details
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Active
Square Footage 6,500 sqft
Price per Sqft $269
MLS Listing ID 1626780
Annual Tax Amount $10,603
Tax Year 2024
Lot Size 9,147 Sqft
Property Sub-Type Mixed Use
Property Description
Exceptional 6,500 SF mixed-use property located in the heart of downtown Searsport, positioned along the newly revitalized section of U.S. Route 1/Acadia Highway. The ground floor features a fully outfitted, turn-key restaurant and flexible performance space with strong visibility and consistent traffic from both locals and coastal tourists. Ideally suited for a new or expanding food and beverage concept looking for infrastructure, character, and foot traffic.
Above the commercial space are four well-maintained residential units—two studios and two one-bedroom apartments—offering multiple revenue opportunities. Use as long-term rentals, short-term Airbnb listings, or employee housing to help solve seasonal staffing challenges. The built-in residential income provides valuable operational flexibility and supports stable cash flow.
The property benefits from a high-traffic location with an average of 12,500 vehicles passing daily and is just steps from the harbor, galleries, and shops. A recent $17.8M MaineDOT streetscape project dramatically enhanced the downtown with brick sidewalks, granite curbing, traditional lighting, and improved pedestrian access—elevating curb appeal and walkability.
Additional features include 12 off-street parking spaces, convenient Main Street access, and proximity to Acadia National Park. Significant upgrades have been completed—including new electrical and plumbing systems (2019), roof support beams and insulation (2023), to name a few—with further improvements planned through 2025. These represent just a few of the thoughtful enhancements made to ensure ease of ownership and long-term value.
A rare opportunity to own a vibrant business and income-generating property in one of Midcoast Maine's most visible and promising coastal communities.
Location
State ME
County Waldo
Zoning 16 Commercial
Interior
Heating Hot Water,Heat Pump
Cooling Heat Pump,Central Air
Flooring Wood,Laminate,Heavy Duty,Carpet
Exterior
Parking Features 5 - 10 Spaces,11 - 20 Spaces
Utilities Available 1
View Y/N No
Roof Type Membrane
Building
Lot Description Downtown,Business District,Retail Strip
Story 3
Foundation Granite,Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Metal Clad,Brick,Block,Masonry
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1626780