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1587 Atlantic Highway, Waldoboro, ME 04572
$450,000
1587 Atlantic Highway, Waldoboro, ME 04572View this property at 1587 Atlantic Highway, Waldoboro, ME 04572
1587 Atlantic HighwayWaldoboroME04572
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Property Description
Recently renovated restaurant located on Route 1, location is very desirable. Town water and sewer seats approximately 35 patrons. There is a one-bedroom apartment above. Rental income is $1,100. monthly with all but electricity included in the rent the apartment is on a separate meter. Tables, seat and decorations do not convey all kitchen equipment included.
Full Property Details
Full Property Details for 1587 Atlantic Hwy
General
- Price: $450,000
- Taxes: $5,304 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 1586475
- Updated: 4/17/2024
- Added to Site: 13 day(s) ago
Business
- Business Type: Restaurant
Interior
- Flooring: Vinyl, Laminate
Parking
- Parking Features: 11 - 20 Spaces
Location
- County: Lincoln
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding, Wood Frame
- Roof: Composition
- Building Size: 1755
- Square Feet: 1,755
- Living Area: 1,755 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Zoning: commercial
- Lot Description: Near Shopping, Other
Financial Considerations
- Tax Amount: $5,304
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Deed Public Access
- Lot Number: 15
Listed by Drum & Drum Real Estate Inc. (207) 563-1772
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Schools
Schools serving 1587 Atlantic Hwy
School District:Rsu 40/Msad 40
Rating | Name | Grades | Distance |
---|---|---|---|
320 Manktown Rd, Waldoboro, ME 04572 | 9-12 | 3.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1587 Atlantic Hwy
Date
Details
Price
Change
Source
4/16/2024
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1587 Atlantic Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,760
-9%
$340,000
17%
2021
$5,238
—
$291,000
1%
2020
$5,260
—
$289,000
—
2019
$5,260
3%
$289,000
—
2018
$5,115
5%
$289,000
—
2017
$4,855
4%
$289,000
—
2016
$4,682
6%
$289,000
—
2015
$4,422
37%
$289,000
23%
2014
$3,220
1%
$235,000
—
2013
$3,196
—
$235,000
—
Disclaimer: Historical tax 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 1587 Atlantic Hwy
1587 Atlantic Highway, Waldoboro, ME 04572 (MLS# 1586475) is a Commercial property. 1587 Atlantic Highway is currently listed for $450,000 and was received on April 16, 2024. Want to learn more about 1587 Atlantic Highway? Do you have questions about finding other Commercial real estate for sale in Waldoboro? You can browse all Waldoboro real estate or contact a Coldwell Banker agent to request more information.