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Your New Restaurant Awaits

Own the Dream in Blue Hill, Maine

We present a unique  opportunity to own a fully-renovated and equipped  restaurant and apartment in coastal Blue Hill, Maine 

For Sale by Owner

Independent buyers save on costs.  Buyer brokers eligible for a commission.

Fully Renovated Restaurant and Apartment in Coastal Blue Hill, Maine

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Key Details:

RESTAURANT AND APARTMENT FOR SALE - COASTAL MAINE

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This exceptional asset sale opportunity features a fully renovated restaurant property with residential apartment located on Main Street in the historic coastal town of Blue Hill, Maine. Originally built in 1796, this landmark building underwent a comprehensive $800,000 renovation in 2018, creating a turnkey hospitality operation.

 

PROPERTY HIGHLIGHTS:


- Prime Main Street location in desirable Hancock County coastal destination

- Historic building completely renovated in 2018
- Restaurant capacity for 70 guests plus 16-seat outdoor patio
- 1,100 square feet interior dining with wide-plank flooring
- Two working propane fireplaces create inviting ambiance
- 300 square feet enclosed porch for additional seating
- Full air conditioning throughout restaurant and kitchen
- 3-car handicap accessible parking plus abundant street parking

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KITCHEN & EQUIPMENT (All 2018 or newer):


- Walk-in refrigerator and freezer
- Commercial gas range, oven, broiler, griddle and grill cooktop

- Moffat Turbofan Convection Oven; Moffat Proofer and Warming Oven
- Deep fryer, 3-bay sink, commercial dish machine
- Heavy duty mixer, stainless steel work tables
- Butcher block table with refrigeration
- Salad/condiment station

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BAR & BEVERAGE:


- Fully equipped cocktail and espresso bar
- Complete glassware collection for wine, beer, cocktails, espresso drinks
- 12 beer taps with walk-in keg refrigerator

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VERSATILE OPERATION:


The property is ideally suited for various concepts including casual dining, fine dining, bakery, or catering operations, offering flexibility for the new owner's vision.

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FINANCING & SUPPORT:


- Limited seller financing available
- Owner retiring and willing to assist with operational setup
- Established 2018

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APARTMENT FOR OWNER/CHEF OR SECONDARY INCOME:

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- 2-bedroom, 800 square foot apartment on 2nd floor for owner's use or additional rental income.

- Current apartment rental income: $1,600/month ($19.200/year)

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TAXES AND INSURANCE:

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Annual taxes: $5,131.28 (2025)

Current insurance: $5,000 est.

 

Additional information for qualified buyers: (a) detailed equipment list with cost and purchase dates; (b) breakdown of renovation costs and dates; (c) property survey; (d) architectural drawings for renovations; (e) most recent tax bill; (f) most recent lease for 2nd-floor apartment, (g) property deed.

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This represents a rare opportunity to acquire a completely renovated, fully equipped restaurant in one of Maine's most charming coastal communities. The combination of historic character, modern amenities, and prime location creates exceptional potential for hospitality operations.

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Asking Price: $1,200,000

Photo Gallery

Turn-key restaurant includes all equipment, appliances, furniture, fixtures, dishware, utensils, glassware.

Interior Dining

Ideal for Casual or Fine Dining

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The Bar

Equipped for 12 draft beers, plus wine, spirits and cocktails.  Also has full espresso bar equipment.

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The Patio and Exterior

Very Popular in Warm Weather.  Beautifully Landscaped.

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The Kitchen

All New Equipment Since 2018

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The 2-Bedroom Apartment
 

Ideal for Owner Residence or Secondary Income

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Brokers Compensated

This property is being offered for sale by the owner directly.  Seller would be willing to discuss contribution toward a buyer agent commission (of no more than 3%) or closing costs during the contract negotiation process.

Contact Seller

Interested buyers and brokers can contact the seller, William Fletcher of 40 Main Street, LLC, by email or phone as follows:

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Email: wfletcher@40mainrealty.com

Phone: (207) 374-5550

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Our mailing address is:

PO Box 1281

Blue Hill, ME 04614

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