2477 Bristol Rd - Restaurant FOR SALE


New Harbor, ME 04554
$1,975,000 USD
207-864-1317
2477 Bristol Rd, New Harbor, ME for Sale
$1,975,000 USD
Restaurant - FOR SALE
1/31
null | 6.08% Cap Rate

2477 Bristol Rd
New Harbor, ME 04554


HIGHLIGHTS

  • 2477 Bristol Road presents a turnkey restaurant opportunity with a brand-new commercial kitchen and seating for 125 in scenic Mid-Coast Maine.
  • Built in 2018 and set on 2.2 acres near the ocean, this freestanding 2,363-SF restaurant offers year-round operation and seasonal event potential.
  • Includes ample parking, beautiful landscaping, and a 3,000-SF barn with utilities, ideal for a catering, storage space, or staff housing conversion.
  • Prime location near Pemaquid Point Lighthouse, public beach parks, and the New Harbor Ferry, with strong tourist traffic from May through October.
  • Projected annual sales of over $2M and priced below market, which includes real estate, build-out, deck, furniture, fixtures, equipment, and more.
  • Surrounded by an affluent community with household incomes averaging over $121,700 within 1 mile, offering strong local support from residents.

OVERVIEW

2477 Bristol Road in New Harbor, Maine, is an exceptional 2,363-square-foot restaurant property that presents a rare, turnkey opportunity for an owner/user or investor. Built in 2018 and positioned north of the Bristol Road and Route 32 intersection, the property sits on 2.2 acres in the heart of Maine's Mid-Coast region. This prime location is only minutes from the oceanfront and surrounded by top regional attractions, such as Pemaquid Point Lighthouse, Pemaquid Beach Park, and the Colonial Pemaquid State Historic Site. The restaurant features a brand-new, never-used commercial kitchen, hand-crafted interior millwork by a master carpenter, and indoor and outdoor seating for over 125 guests. A large outdoor patio with a bandstand and a potential outdoor bar creates ideal conditions for seasonal events, community gatherings, and private functions. The site also includes a 3,000-square-foot barn with running water and electricity, perfect for catering operations, storage, or conversion into staff housing or an owner's residence. Designed as a popular destination for locals and tourists alike, the restaurant has strong potential to generate projected annual sales exceeding $2 million. The property is offered below the estimated value, including all real estate, HVAC, landscaping, high-end finishes, furniture, fixtures, equipment, and more. Additional highlights include plentiful on-site parking, low real estate taxes and utilities, and excellent visibility near the New Harbor Ferry parking lot. 2477 Bristol Road benefits from steady year-round demand and peak seasonal traffic between May and October, located just eight minutes south of Bristol and seven minutes north of the iconic Pemaquid Point Lighthouse Set in an affluent area with average household incomes exceeding $121,700 within a 1-mile radius, this is an outstanding opportunity for a seasoned restaurateur, family business, or a new operator looking to make a mark in one of Maine's most charming coastal communities.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$836 USD /SF

CAP RATE

6.08%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

-

APN/PARCEL ID

BRIL-000004F-000000-000210

ASK ABOUT THIS PROPERTY

Yagiro LaraAster Ventures LLCMore Info
207-864-1317

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Yagiro LaraAster Ventures LLCMore Info
207-864-1317

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