25 and 27 E East Main Street, Searsport, ME 04974

$1,250,000
Property Type: Commercial Square Footage: 6,500 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $1,250,000 List Date: 12/16/2025 Last Modified: 12/16/2025

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**

Supplements: ********

More Information MLS# 1626780

Location Information

Street #: 25 and 27 Pre Direction: E Street Name: East Main Street Type: Street County: Waldo Town: Searsport State/Province: ME Zip Code: 04974 Leased Land: No Book: 4757/4733 Page: 348/234 Map: 12 Lot: 034/033 Zoning: 16 Commercial Full Tax Amount $: 10603 Tax Year: 2024 Tree Growth Y/N: No Association Y/N: No Geo Lat: 44.458245 Geo Lon: -68.925649

Contract Information

Status: Active Original List Price: 1750000 List Price: $1,250,000 Current Price: $1,250,000

Property Information

Primary Use: Mixed Use Surveyed: Unknown Deed: All Total # Floors: 3 SqFt Finished Total: 6500 Lot Size Acres +/-: 0.21

Utilities

Utilities On: Yes

Property Features

Location: Business District; Downtown; Retail Strip Recreational Water: Nearby; Oceanfront; Public Construction: Masonry Levels: Multi-Level Property Uses: Bar/Tavern/Lounge; Commercial; Restaurant Basement: Full; Unfinished Foundation Materials: Granite; Poured Concrete Exterior: Block; Brick; Metal Clad Roof: Membrane Heat System: Heat Pump; Hot Water Heat Fuel: Oil Cooling: Central Air; Heat Pump Floors: Carpet; Heavy Duty; Laminate; Wood Parking: 5 - 10 Spaces; 11 - 20 Spaces Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Ocean's Edge Realty LLC
Last Updated: December - 16 - 2025
25 and 27 E East Main Street, Searsport, ME 04974- MLS# 1626780
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