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$995,500
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Property 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**
Full Property Details
Full Property Details for 25 and 27 E East Main St
General
- Price: $995,500
- Taxes: $10,603 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1626780
- Updated: 2/19/2026
- Added to Site: 119 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Commercial, Restaurant
Interior
- Flooring: Wood, Laminate, Heavy Duty, Carpet
Parking
- Parking Features: 5 - 10 Spaces, 11 - 20 Spaces
Location
- County: Waldo
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air Conditioning
- Heating Type: Hot Water, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Metal Clad, Brick, Block, Masonry
- Roof: Membrane
- Stories/Levels: 3
- Building Size: 6500
- Square Feet: 6,500
- Living Area: 6,500 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Zoning: 16 Commercial
- Lot Description: Downtown, Business District, Retail Strip
Financial Considerations
- Tax Amount: $10,603
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 034/033
Listed by Ocean's Edge Realty LLC (207) 469-1046
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Price & Sales History for 25 and 27 E East Main St
Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$995,500
-20.36%
MLS
9/15/2025
Price Reduced
$1,250,000
-10.39%
MLS
7/23/2025
Price Reduced
$1,395,000
-20.29%
MLS
6/15/2025
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 25 and 27 E East Main St
25 and 27 E East Main Street, Searsport, ME 04974 (MLS# 1626780) is a Commercial property. 25 and 27 E East Main Street is currently listed for $995,500 and was received on December 16, 2025. Want to learn more about 25 and 27 E East Main Street? Do you have questions about finding other Commercial real estate for sale in Searsport? You can browse all Searsport real estate or contact a Coldwell Banker agent to request more information.

