
Fully Renovated Restaurant and Apartment in Coastal Blue Hill, Maine



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.
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




