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2531 Atlantic Hwy
Lincolnville, ME 04849
Whale's Tooth Pub & Restaurant · Retail Property For Sale
Investment Highlights
- Prominently positioned on Route 1 in Lincolnville Beach. Midway between tourist havens Camden and Belfast.
- Numerous growth opportunities exist: add additional service. Currently only serving dinners 5 nights per week and weekend lunches.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,800 SF
Building Class
C
Year Built/Renovated
1790/1993
Tenancy
Single
Building Height
3 Stories
Building FAR
0.16
Lot Size
0.82 AC
Zoning
Mixed Comm./Res.
Parking
40 Spaces (6.9 Spaces per 1,000 SF Leased)
Frontage
161’ on Atlantic Hwy
Amenities
- Restaurant
- Waterfront
About 2531 ATLANTIC HWY , LINCOLNVILLE, ME 04849
This oceanfront property features a 5,800 sqft building sitting on nearly 388' of prime waterfront real estate in Midcoast Maine. The building dates back to the late 1700’s and has been host to a very successful restaurant since 1994. Operating year-round, the business is a fixture in the community and benefits from a loyal local following and repeat customer base. Some patrons have been known to drive 50+ minutes to enjoy their hospitality. The second and third floors feature ocean views and serve as the owners’ 3-bedroom residence with 14" pine board flooring and the option to make it a rental property. The asking price is inclusive of all fixtures and grandfathered water rights allowing the new owner to construct a pier into the ocean.
Property Taxes
| Parcel Number | LINE-000015-000000-000059 | Improvements Assessment | $410,400 |
| Land Assessment | $558,700 | Total Assessment | $969,100 |
Property Taxes
Parcel Number
LINE-000015-000000-000059
Land Assessment
$558,700
Improvements Assessment
$410,400
Total Assessment
$969,100
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