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Water's Edge Restaurant & Bar 306 Eddy Rd 6,275 SF Retail Building Edgecomb, ME 04556 $1,388,940 CAD ($221.35 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Total seating for 300 patrons with 150 seats on the first floor and a capacity of 90 on the second floor with seating for 60 on the rooftop deck
  • Attractive banquet and event facility on second floor with capacity for 90 patrons to accommodate weddings, corporate events and other group business
  • Recently refurbished and revitalized clientele provides ample growth opportunity
  • Fully equipped commercial kitchen
  • High Visibility from US Route 1 with an average daily traffic counts of 17,850+
  • Compelling investment opportunity to capitalize on its exceptional location, amenities, and growing patronage

EXECUTIVE SUMMARY

A rare opportunity to acquire a unique landmark waterfront restaurant and event venue in the heart of Mid-Coast Maine adjacent to a beautiful tidal river.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,275 SF
Building Class
C
Year Built/Renovated
1988/2022
Price
$1,388,940 CAD
Price Per SF
$221.35 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.61 AC
Zoning
TIF - Gateway and Shoreland
Parking
58 Spaces (9.24 Spaces per 1,000 SF Leased)
Frontage
124’ on Eddy Road

ABOUT 306 EDDY RD , EDGECOMB, ME 04556

A unique opportunity to acquire a waterfront restaurant with over 200 seats on the heavily traveled Maine Coastal Route. This remarkable property offers an unparalleled dining experience and is en route to several coastal tourist destinations. Renovated recently, the restaurant features a modern and inviting interior, with casual dining areas complete with high-end furnishings. This extraordinary property benefits from its location and proximity to nearby hotels/attractions. Please call for details.

  • Listing ID: 29961890

  • Date on Market: 2023-11-03

  • Last Updated:

  • Address: 306 Eddy Rd, Edgecomb, ME 04556

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