Exceptional Commercial Property in the Seaside Town of Searsport, ME

Asking Price$1,179,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$844,797

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,000,000
Included in asking price
Large Private Parking Lot
Front Bar & Restaurant
Booth Seating
Pizza Kitchen in Music Side
Aerial View
Large Private Parking Lot
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Exceptional Commercial Property in the Seaside Town of Searsport, ME


Asking Price$1,179,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$844,797

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,000,000
Included in asking price
Business Description
This is a mixed-use property including two entire buildings.
Exceptional Commercial Property in the historic seacoast community of Searsport, Maine! This is a mixed-use property consisting of two entire buildings (25 & 27 E Main) including retail/restaurant space and 4 residential units. The first floors of both buildings have been combined into one beautiful space occupied by Hey Sailor!, an owner-occupied restaurant and music venue. The music side features a professional stage setting with state-of-the-art sound and light equipment. The restaurant features a large, fully equipped, commercial kitchen with a separate pastry prep area as well as a separate pizza prep area.The residential units consist of 2 one bedroom apartments and two studio apartments. All apartments and restaurant spaces are on separate electric meters. Both buildings have had structural integrity improvements as well as all new plumbing. There is a private parking area in the rear for up to 15 vehicles.This is truly an exceptional multi-use property - call today for a tour!
About the Business
Years in Operation
5
Employees
9 (3 Full-time, 6 Part-time)
Facilities & Assets
Exceptional Commercial Property in the historic seacoast community of Searsport, Maine! This is a mixed-use property consisting of two entire buildings (25 & 27 E Main) including retail/restaurant space and 4 residential units. The first floors of both buildings have been combined into one beautiful space occupied by Hey Sailor!, an owner-occupied restaurant and music venue. The music side features a professional stage setting with state-of-the-art sound and light equipment. The restaurant features a large, fully equipped, commercial kitchen with a separate pastry prep area as well as a separate pizza prep area.The residential units consist of 2 one bedroom apartments and two studio apartments. All apartments and restaurant spaces are on separate electric meters. Both buildings have had structural integrity improvements as well as all new plumbing. There is a private parking area in the rear for up to 15 vehicles.This is truly an exceptional multi-use property - call today for a tour!
Website
https://www.heysailorhey.com
Market Outlook / Competition
Located on Route 1, main tourist traffic road in town catering to locals and tourists.
Opportunities for Growth
Huge expansion possiblities by adding more opening days and hours.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
6,500
About the Sale
Seller Motivation
Moving out of state
Listing Info
ID
2532702
Listing Views
Attached DocumentsAttachment Disclaimer

25 east main st Searsport-28.jpg.pdf

Business Location

Listing ID: 2532702 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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