About this home
Built in 1835 and fully renovated since 2019, the property is located on Union's Common and blends historic New England charm with modern functionality, with an opportunity for a new owner to live upstairs and bring their vision to a supportive community and great opportunity for a new restaurant concept in Midcoast Maine. The first floor dining area features a wrap-around porch, wide floorboards and trim work, and historic touches along with 40 indoor seats, a 12-tap bar area, and full commercial kitchen with 12' hood. The outdoor beer garden features 50 seats and a small stage used for live entertainment in summer and fall months. The second floor apartment features 3 bedrooms, including a large finished attic space, updated finishes, and stunning sunset views. Goodwill and name will not convey, real estate and FF&E included in the transaction.
Listing last checked: Listing updated:
Listed by Listing Agent · The Boulos Company · MLS #1666256
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Details at a glance
Interior3 property facts
- Heating
- Oil, Hot Water, Radiant
- Cooling
- None
- Flooring
- Carpet, Vinyl, Wood
Building4 property facts
- Style
- Retail
- Year built
- 1835
- Foundation
- Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 1.25 acres
- Water
- Public
- Sewer
- Private Sewer, Septic Tank
- Zoning
- N/A
Financial2 property facts
- Annual taxes
- $5,401
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $825,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,622 / monthAdjust
- Principal & interest
- $4,172
- Property tax
- $450
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,401. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 289 Common Road
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Request a tour of 289 Common Road and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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