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161 Main St 7,300 SF Retail Building Woolwich, ME 04579 $3,700,000 ($506.85/SF)
INVESTMENT HIGHLIGHTS
- Highly Visible - Coastal Route One location
- Large Function Space on two levels
- Panoramic Water Views with Outdoor Dining
EXECUTIVE SUMMARY
The Taste of Maine offers a rare opportunity to acquire a true Maine institution with enduring brand value and exceptional visibility. Its combination of landmark status, prime Midcoast location, and large-scale structure and facilities provides a strong foundation for continued profitable restaurant operations and/or future concept development.
For nearly fifty years, the Taste of Maine has welcomed travelers and local patrons, and is one of the most recognizable dining destinations on Maine’s scenic Midcoast. Set directly on U.S. Route 1, the property captures steady tourist and commuter traffic between Portland, the midcoast, and Bar Harbor, serving as a beloved stop for generations of visitors. Its iconic, giant "Larry the Lobster" and highly visible roadside presence create instant curb appeal and lasting brand recognition.
For nearly fifty years, the Taste of Maine has welcomed travelers and local patrons, and is one of the most recognizable dining destinations on Maine’s scenic Midcoast. Set directly on U.S. Route 1, the property captures steady tourist and commuter traffic between Portland, the midcoast, and Bar Harbor, serving as a beloved stop for generations of visitors. Its iconic, giant "Larry the Lobster" and highly visible roadside presence create instant curb appeal and lasting brand recognition.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,300 SF
Building Class
C
Year Built/Renovated
1977/1995
Price
$3,700,000
Price Per SF
$506.85
Tenancy
Single
Building Height
3 Stories
Building FAR
0.05
Lot Size
3.20 AC
Zoning
12 - General Purpose
Parking
100 Spaces (13.7 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- The Taste Of Maine Restaurant
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| The Taste Of Maine Restaurant | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
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161 Main St
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