1587 Atlantic Highway, Waldoboro, ME 04572

$349,000
Property Type: Commercial Square Footage: 1,755 Lot Size (sq. ft.): 16,117 Status: Active
Current Price: $349,000 List Date: 7/20/2026 Last Modified: 7/20/2026

Overview

Description

Prime Route 1 location excellent visibility and Currently operating as a restaurant. Property is leased until May of 2028, rental amount is 3,000.00 monthly. Upstairs apartment is rented for 1,100.00

Listing Details MLS# 1672690

Location Information

Street #
1587
Street Name
Atlantic
Street Type
Highway
County
Lincoln
Town
Waldoboro
State/Province
ME
Zip Code
04572
Zip +4
6023
Leased Land
No
Book
6619
Page
307
Map
U5
Lot
15
Zoning
commercial residenti
Zoning Overlay
No
Full Tax Amount $
5506
Tax Year
2026
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
349000

Property Information

Primary Use
Mixed Use
Surveyed
Unknown
Deed/Conveyance Type Offered
Warranty
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Year Built
1950
Year Renovated +/-
2020
Tenancy
Multiple Tenants
Total # Floors
2
SqFt Finished Total
1755
Lot Size Acres +/-
0.37

Commercial Bldg Information

Total Units
2

Levels

Multi-Level
Yes

Location

Near Shopping
Yes
Rural
Yes

More Information

Property Uses

Restaurant
Yes

Recreational Water

Nearby
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes
Sump Pump
Yes
Unfinished
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Wood Siding
Yes

Roof

Composition
Yes

Heat System

Forced Air
Yes
Heat Pump
Yes

Heat Fuel

Electric
Yes
Gas Bottled
Yes
Oil
Yes

Cooling

Window Unit(s)
Yes

Floors

Tile
Yes

Building Features

Cable
Yes
Internet Access Available
Yes

Parking

11 - 20 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Near Shopping; Rural Recreational Water: Nearby Construction: Wood Frame Levels: Multi-Level Property Uses: Restaurant Basement: Full; Sump Pump; Unfinished Foundation Materials: Poured Concrete Exterior: Wood Siding Roof: Composition Heat System: Forced Air; Heat Pump Heat Fuel: Gas Bottled; Oil Cooling: Window Unit(s) Floors: Tile Building Features: Cable; Internet Access Available Parking: 11 - 20 Spaces Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
IDX
Listing Office: Drum & Drum Real Estate Inc.
Last Updated: July - 20 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.