Property Description

Exceptional 6,500 SF mixed-use property located in the heart of downtown Searsport, positioned along the newly revitalized section of U.S. Route 1/Acadia Highway. The ground floor features a fully outfitted, turn-key restaurant and flexible performance space with strong visibility and consistent traffic from both locals and coastal tourists. Ideally suited for a new or expanding food and beverage concept looking for infrastructure, character, and foot traffic.Above the commercial space are five well-maintained residential units, offering multiple revenue opportunities. Use as long-term rentals, short-term Airbnb listings, or employee housing to help solve seasonal staffing challenges. The built-in residential income provides valuable operational flexibility and supports stable cash flow.The property benefits from a high-traffic location with an average of 12,500 vehicles passing daily and is just steps from the harbor, galleries, and shops. A recent $17.8M MaineDOT streetscape project dramatically enhanced the downtown with brick sidewalks, granite curbing, traditional lighting, and improved pedestrian access?elevating curb appeal and walkability.Additional features include 12 off-street parking spaces, convenient Main Street access, and proximity to Acadia National Park. Significant upgrades have been completed?including new electrical and plumbing systems (2019), roof support beams and insulation (2023), to name a few?with further improvements planned through 2025. These represent just a few of the thoughtful enhancements made to ensure ease of ownership and long-term value.A rare opportunity to own a vibrant business and income-generating property in one of Midcoast Maine's most visible and promising coastal communities. **Priced below recently appraised value**

Property Features