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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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357 W Main St , Searsport, ME 04974
$1,275,000
Est. Payment: $2,833.33/mo
0 Bed
0 Bath
8800 Sqft
Status: Active | Days on site: 69
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3494 - 024080
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House Description

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.

Highlights

Listed by Michael Travis , 603-303-2599 Berkshire Hathaway HomeServices Verani Realty , 603-569-6060.

Property Type

Commercial Sale

Lot/Acreage
2.78

Year Built

1958

County

Waldo

Listing ID

1666868

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Cable
Air Cond:Heat Pump
Fireplaces:
Floor:Carpet,Concrete,Tile,Wood
Basement:Bulkhead,Walk-Out Access,Finished,Partial,Sump Pump,Brick/Mortar
Other:
  • Additional:Storage
Water:Public

Exterior Features

Lot:Near Shopping,Near Turnpike/Interstate,Retail Strip,Water View
Zoning:Res 4
Roof:Metal,Pitched,Shingle
Sewer:Private Sewer,Engineered Septic
Parking Features:21+ Spaces,On Site,Paved,Garage,Electric Vehicle Charging Station(s)
Principal Interest
$2,833
Taxes
$968

Home Price

$1,275,000

Loan Details

30 yrs
%

Down Payment

20%
$255,000
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Monthly Price:
$2,833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,833.33 $967.67 $0.00 $3,801.00
Yearly $34,000.00 $11,612.00 $0.00 $45,612.00
Total $1,020,000.00 $348,360.00 $0.00 $1,368,360.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Searsport, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.