357 Main St, Searsport, ME 04974

8,800 SF | 100% Leased | Retail Building | Searsport, ME 04974 | $1,675,000 ($190/SF)

Asking Price $1,675,000

Property Type
Retail, Restaurant
Square Feet
8,800 SF
Price / Square Foot
$190

Listing Contacts

  • Property Info

Property Overview

357 W. Main Street offers nearly 10,000 square feet of usable space (including garage, storage, office, retail, kitchen/prep and restaurant space. This does not include the deck with outdoor seating for the restaurant or bakery or the 1,200 sf storage building out back.

The tenants/units are currently:
Rio’s Restaurant
Amandine Bakery
Suretech Access Systems
The Print Farm
Suretech and The Print Farm spaces would convey vacant, ready to lease out or utilize as needed. Amandine Bakery would be willing to lease back the space from new owners, or convey turnkey. Rio’s Restaurant is turnkey, ready for a new owner to take over or to change the restaurant concept as needed.

Lot size: 2.85 acres
Tax Map 1, Lot 55A
Book 4966, Page 97, Waldo County Registry of Deeds
2023 -2024 Real Estate Taxes $9,880
Built in 1959 but completely renovated from the foundation up
Approx. 8,800 sf total
Total above ground space is 7802 sf
Basement has two functional prep rooms and dry storage and is 930sf
Top storage building is 1200sf on a concrete pad
Utilities: propane, town water and new septic system, plus spare leach field for expansion
Two separate electric meters servicing the building; Individually controlled electric for each unit
Spacious commercial kitchen with grease trap, hot water booster for the commercial dishwasher
Outdoor walk-in freezer storage
Hot Water: 2 on demand propane water heaters
Propane fireplace in Rio’s dining room
Rio’s seating: 90 inside seats/35 outside
Amandine seating: 12 inside seats/18 outside
3 Baths (1 employee, 2 guest)
Heating/Cooling: 22 heat pumps
Roofing: metal (2018/2019)
Exterior: vinyl siding and stone composite
New asphalt parking lot for 32+ cars
Vehicle Storage: attached garage/workshop
Basement: partial, storage/prep areas
Foundation: poured concrete
30’x40' Storage Building, 22' at peak
New Generator
New EV charging stations
Masonry fire walls separate each space
All doors are ADA certified 3068 ( 36? x 80? ) with 90 min fire rating
2014 Ford Transit Connect van conveys

Completely renovated from the foundation up

Property Details

Year Built/Renovated
1959/2018
Stories
2
Property Subtype
Freestanding, Storefront Retail/Office, Office Live/Work Unit
Lot Size (sq. ft)
124,146 SF

Highlights

  • Highly visible location on Route 1, Storage Space, Plenty of Parking
  • 357 W. Main Street offers nearly 9,000 square feet of usable space
  • The tenants/units are currently: Rio’s Restaurant, Amandine Bakery, Suretech Access Systems and The Print Farm.

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