1587 Atlantic Highway
Waldoboro, ME 04572
$410,000
Price
1
Beds
1
Bath
2,441 Sq. Ft.
$168 / Sq. Ft.
2,441
Sq. Ft.
$168
per Sq. Ft.
Description
Situated in a prime location on Route 1 - this restaurant renovated in 2022 is perfect for your business venture! This property features seating for approximately 35 patrons and is serviced by town water and sewer. Upstairs, a one-bedroom apartment offers additional income potential. While tables, seating, and memorabilia do not convey, all kitchen equipment is included. Don't miss this chance to own a well-located property with both commercial and residential income potential! Also listed as commercial,...Situated in a prime location on Route 1 - this restaurant renovated in 2022 is perfect for your business venture! This property features seating for approximately 35 patrons and is serviced by town water and sewer. Upstairs, a one-bedroom apartment offers additional income potential. While tables, seating, and memorabilia do not convey, all kitchen equipment is included. Don't miss this chance to own a well-located property with both commercial and residential income potential! Also listed as commercial, see mls: 1609793
- Listed by Martin Cates • Cates Real Estate • info@catesre.com
- Listed by Natasha Westbrook Zontini • Cates Real Estate
Property Details for 1587 Atlantic Highway
Waterfront
No
ArchitecturalStyleCape
GarageNo
ZoningROUTE 1 COM B
LISTING UPDATED: 12/17/2024 10:00 AM
Property Details for 1587 Atlantic Highway
| Status | Active |
|---|---|
| MLS # | 1611261 |
| Days on Market | 5 |
| Taxes | $5,746 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1950 |
| Lot Size | 0.37 AC / 16,117 SF |
| County | Lincoln County |
Building Information for 1587 Atlantic Highway
Stories-Residences1Year Built1950Building Size-Lot Size0.37 AC / 16,117 SF
Property Information for 1587 Atlantic Highway
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 6023
- Directions: Property is on the corner of Route 1 and Jefferson Street in Waldoboro. Google Maps is accurate.
- Town: Waldoboro
- State/Province: ME
- Zip Code: 04572
- County: Lincoln
- Geo Latitude: 44.101934
- Geo Longitude: -69.37935
- Tax Lot: 15
- Site:Open: Yes
- Location:Intown: Yes
- Location:Near Shopping: Yes
- Location:Retail Strip: Yes
- Recreational Water:Nearby: Yes
Parking
- Parking Features: 11 - 20 Spaces, Gravel
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 5619
- Tax Map Number: U5
- Tax Year: 2025
- Parcel Number: WALB-000000-U000005-000015
- Location Information:Association Y/N: No
- Tax Annual Amount: $5,746.00
Virtual Tour
- Virtual Tour URLUnbranded: https://www.propertypanorama.com/instaview/mreis/1611261
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2441.0
- Lot Size Acres: 0.37
- Source of Acreage: Public Records
- Building Area Total: 2441.0
- Lot Size Area: 0.37
- Lot Size Units: Acres
- Lot Size Square Feet: 16117.2
- Bathrooms Full: 1
- Bathrooms Half: 0
- Street Number: 1587
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- Property Information:Total Half Baths: .00
- Property Information:Other Source of Square Footage: Floor Plans by Cubicasa App.
Parking
- Driveway:Gravel: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1950
Utilities
- Electric: True
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Clapboard, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Full, Interior Entry, Unfinished
- Flooring: Wood, Laminate
- Cooling: Heat Pump, A/C Units
- Heating: Radiator, Heat Pump, Forced Air
- Foundation Details: Concrete Perimeter
- Bathrooms Total (Integer): 1
- Bathrooms Total (Decimal): 1.00
- Bathrooms Total (Notational): 1.00
- Cooling YN: Yes
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $.00
- Operating Expenses: $.00
Multi-Family Information
- Number of Units: 1
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: Second
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $1,100.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 3.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit Information
- Units:# of 1 BD Units: 1
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 1587 Atlantic Highway
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1587 Atlantic Highway
Taxable ValueLand$89,000Additions$251,000Total$340,000
Tax Record2024$5,746 ($479 / month)
Home Facts
Beds0Total Finished SqFt1,755 SqFtAbove Grade Finished SqFt1,755 SqFtLot Size16,117 SqFtStyleSingle Family ResidenceZoningROUTECountyLINCOLNAPNWALB M:U5 L:15
Schools near 1587 Atlantic Highway
This home is within Regional School Unit 40 Msad 40.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 6 |
Rating | School | Distance |
|---|---|---|
Miller School PublicPK to 6 | ||
Medomak Middle School Public7 to 8 | ||
Medomak Valley High School Public9 to 12 | ||
Warren Community School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Cates Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
