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Executive Summary

Exceptional opportunity to lease or purchase this iconic waterfront property, formerly home to the renowned Muddy Rudder Restaurant. Situated on the scenic Cousins River, this highly visible 6,886± square foot building offers tremendous potential for restaurant, retail, office, hospitality, or mixed-use operations.
The property boasts approximately 310 feet of road frontage along with direct water frontage on the Cousins River, complete with an updated dock and float, providing convenient access for boaters arriving by water. With an impressive daily traffic count of approximately 20,000 vehicles and outstanding visibility from both Interstate 295 and U.S. Route 1, this location offers unparalleled exposure and accessibility.
Ownership has already completed extensive exterior improvements, including painting, shingle and rot repairs, landscaping enhancements, and necessary structural upgrades, allowing a new owner or tenant to focus on bringing their vision to life.
Rarely does a property with this combination of waterfront access, high traffic exposure, and flexible commercial potential become available. Contact us today for additional information or to schedule a private tour.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,886 SF
Building Class
C
Year Built/Renovated
1973/2025
Percent Leased
53%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.02 AC
Zoning
GD - General Development
Frontage
310’ on US ROUTE 1

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,884 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 6,884 SF Retail - Now

1st Floor

Size
6,884 SF
Space Use
Retail
Position
-
Available
Now
Somewhat walkable
20/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
YMTH-000009-000000-000015
Land Assessment
$514,300
Improvements Assessment
$825,000
Total Assessment
$1,339,300
  • Listing ID: 41048269

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 1335 US ROUTE 1, Yarmouth, ME 04096

Contact the Sale Advisor

Muddy Rudder | 1335 US ROUTE 1

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