357 W Main St - Freestanding FOR SALE


Searsport, ME 04974
$1,275,000 USD
603-303-2599
357 W Main St, Searsport, ME for Sale
$1,275,000 USD
Freestanding - FOR SALE
1/73
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

357 West Main Street, Searsport, Maine is far more than a rent-roll investment--it's a fully developed, multi-use commercial asset with $1.6M+ invested in renovations, equipment, and buildout, now offered at $1,275,000. Featuring two fully equipped commercial kitchens, a bar, warehouse and Quonset storage, 32+ paved parking spaces, EV charging, 2+ acres, 365+ feet of frontage, and Penobscot Bay views, this property is built for income, indoor and outdoor events, and expansion. Existing on-site businesses create built-in activity and immediate utility, including a bakery, retail shop, and a new restaurant. Located on the main artery between Belfast and Searsport, Maine in a retail-centric corridor designed to capture consistent traffic. The location and infrastructure support the existing businesses today--and help ensure a steady stream of customers for any future venture (events, hospitality, retail, production, showroom, etc.). Unlike many commercial properties in this price range, this one comes with active operating businesses owned and run by the current owner--who is positioned to become an investor's strong tenant. On-site businesses include: Suretech Access Systems (www.suretechlock.com) Amandine's Bakery (www.amandinebakery.com) Amandine's Pop Up Artist Fayre, (amandinefayre.com) Open air Makers Market with local business and artisans Fetch Coins & Collectibles (www.instagram.com/fetchin_coins) Sakura Harbour Exceptional New Asian Fusion Restaurant (www.sakuraharbour.com) Perfect for an investor or operator seeking a turnkey property with multiple income streams, strong visibility, and future flexibility in a prime Mid Coast Maine location.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Warehouse

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 Notice.