Restaurant and Apartment for Sale in Coastal Maine

Asking Price: $1,200,000

Cocktail and Espresso Bar
Fully Renovated in 2018
Front Entryway
Main Dining Room and Fireplace
Front Porch
Rear Patio Dining Area
Cocktail and Espresso Bar
Fully Renovated in 2018
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Restaurant and Apartment for Sale in Coastal Maine


Asking Price: $1,200,000


Seller Financing Available
Asset Sale Description
RESTAURANT AND APARTMENT FOR SALE - COASTAL MAINE

This exceptional asset sale opportunity features a fully renovated restaurant property with residential apartment located on Main Street in the historic coastal town of Blue Hill, Maine. Originally built in 1796, this landmark building underwent a comprehensive $800,000 renovation in 2018, creating a turnkey hospitality operation.

See our photo gallery at www.40mainrealty.com for pictures of the dining area, bar, kitchen, patio and 2-bedroom apartment on the second floor.

PROPERTY HIGHLIGHTS:
- Prime Main Street location in desirable Hancock County coastal destination
- Historic building completely renovated in 2018
- Restaurant capacity for 70 guests, including 16-seat outdoor patio
- 1,100 square feet interior dining with wide-plank flooring
- Two working propane fireplaces create inviting ambiance
- 300 square feet enclosed porch for additional seating
- Full air conditioning throughout restaurant and kitchen
- 3-car handicap accessible parking plus abundant street parking
- 2-bedroom, 800 square-foot apartment on 2nd floor

KITCHEN & EQUIPMENT (All 2018 or newer):
- Walk-in refrigerator and freezer
- Commercial gas range, oven, broiler, griddle and grill cooktop
- Moffat Turbofan Oven and Proofer/Warmer
- Deep fryer, 3-bay sink, commercial dish machine
- Heavy duty mixer, stainless steel work tables
- Butcher block table with refrigeration
- Salad/condiment station
- Air conditioning

BAR & BEVERAGE:
- Fully equipped cocktail and espresso bar
- Complete glassware collection for wine, beer, cocktails, espresso drinks
- 12 beer taps with walk-in keg refrigerator

VERSATILE OPERATION:
The property is ideally suited for various concepts including casual dining, fine dining, bakery, or catering operations, offering flexibility for the new owner's vision.

2-BEDROOM APARTMENT:

This property features an 800-square foot apartment on the second floor with new windows, bathroom fixtures and kitchen countertops and dishwasher. The apartment is ideal for owner or chef housing, or for a secondary source of investment income. Most recently the apartment was earning $1600 per month as a residential rental.

FINANCING & SUPPORT:
- Limited seller financing available
- Owner retiring and willing to assist with operational setup
- Established 2018

This represents a rare opportunity to acquire a completely renovated, fully equipped restaurant and apartment in one of Maine's most charming coastal communities. The combination of historic character, modern amenities, and prime location creates exceptional potential for hospitality operations.

Asking Price: $1,200,000
Detailed Information
Years in Operation
8
Facilities & Assets
Sale includes all real estate, equipment, furniture, and restaurant supplies. Building was fully renovated and equipped in 2018. Has seating for 70 guests (including seating for 16 on exterior patio), and is equipped with a fully-operational cocktail and espresso bar. There is a 2-bedroom apartment on the second floor that is ideal for owner/chef housing or for secondary income. Building is suited for casual or fine dining, bakery, or catering operation. Additional information is available for qualified buyers. See more at www.40mainrealty.com.
About the Sale
Transition Support
Seller is willing to help buyer as needed with the setup of new operation.
Seller Motivation
Owner is selling due to retirement.
Financing
Limited Seller Financing Available
Listing Info
ID
2457545
Listing Views
13
Attached DocumentsAttachment Disclaimer

Survey of 40 Main Street by Sage Collins Jan 2019.pdf

Tax Bill 10152025.pdf

Partial Architectural Plan 2018.pdf

Business Location

Contact Seller

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Business Listed by: William Fletcher

Listing ID: 2457545 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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