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$349,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Prime Route 1 location excellent visibility and Currently operating as a restaurant. Property is leased until May of 2028, rental amount is 3,000.00 monthly. Upstairs apartment is rented for 1,100.00

Full Property Details for 1587 Atlantic Hwy

General

  • Price: $349,000
  • Taxes: $5,506 (2026)
  • Status: Active
  • Type: Commercial
  • Source: MREIS
  • MLS ID: 1672690
  • Updated: 7/20/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Restaurant

Interior

  • Flooring: Tile

Additional Information

  • Equipment: Cable, Internet Access Available

Parking

  • Parking Features: 11 - 20 Spaces

Location

  • County: Lincoln

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Electric, Gas Bottled, Oil, Forced Air, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Wood Frame, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Sump Pump, Unfinished
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 1,755
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,117.2
  • Zoning: commercial residenti
  • Lot Description: Near Shopping, Rural

Water Features

  • Water Front: Yes

Financial Considerations

  • Tax Amount: $5,506
  • Tax Year: 2026

Disclosures and Reports

  • Lot Number: 15

Listed by Drum & Drum Real Estate Inc. (207) 563-1772

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Listing agents

— 1587 Atlantic Hwy —

  • Drum & Drum Real Estate Inc.

    207-563-1772

  • Drum & Drum Real Estate Inc.

    207-563-1772

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1587 Atlantic Hwy

School District:School Administrative District 40
NameGradesDistance
Miller School, Waldoboro, ME
145 Kalers Corner, Waldoboro, ME 04572
PK-60.4 mi
Medomak Middle School
318 Manktown Road, Waldoboro, ME 04572
7-83.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1587 Atlantic Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Listed
$349,000
—
MLS
Get Price Alerts and Save Property
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 for 1587 Atlantic Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,506
-4%
$372,000
9%
2024
$5,746
8%
$340,000
—
2023
$5,304
11%
$340,000
—
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Drum & Drum Real Estate Inc. (207) 563-1772

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1587 Atlantic Highway, Waldoboro, ME 04572 (MLS# 1672690) is a Commercial property. 1587 Atlantic Highway is currently listed for $349,000 and was received on July 20, 2026. 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.

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