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Offered at $349,000Active
beds
—
baths
0
sq ft
1,755
Built
1950

1587 Atlantic Highway

Waldoboro, ME 04572

About this home

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

Listing last checked: Listing updated:

Listed by Listing Agent · Drum & Drum Real Estate Inc. · MLS #1672690

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Details at a glance

Interior3 property facts
Heating
Electric, Oil, Forced Air, Heat Pump
Cooling
Window Unit(s)
Flooring
Tile
Building4 property facts
Style
Mixed Use
Year built
1950
Foundation
Poured Concrete
Roof
Composition
Land & utilities5 property facts
Lot size
0.37 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
commercial residenti
Financial2 property facts
Annual taxes
$5,506
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $349,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,224 / monthAdjust
Principal & interest
$1,765
Property tax
$459
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,506. 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 1587 Atlantic Highway

Can I request a private showing?

Request a tour of 1587 Atlantic Highway and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.