532 Us Route 1 HighwayJonesboro, ME 04648MLS Number 1363278

  • Price: $199,000
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Federal 30-year interest rate: 4.75% last updated on Dec 6, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1945Year Built
  • 2,017Tax Year
  • 16Map
  • 6930Sq Ft Finished Total

LOCATION LOCATION LOCATION....If your a local you can't remember a time that the "White House Restaurant" was not there! If you have been on vacation in Downeast Maine in the last 73 years you ate there or drove by it! A Downeast Landmark! Sitting strategically between Ellsworth and Machias on US 1 where it meets old US 1. As it sits today, a busy restaurant on the 1st level and two occupied apartments on level 2. This unique commercial space has a multitude of possibilities. Keep it the way it is, Build on the Class One Liquor license, focus on improving the space as a "Landmark" restaurant and entertainment center, or completely re-think the use. For example: Plenty of room to position a gas station/convenience store. The current owner has focused on updating and upgrading the entire inside. The restaurant and apartments are recently remodeled, spending over 100 K! 2.4 Acres, 6900 sq ft building, turnkey businesses all for well under half a million. With a positive cash flow!

Listed by Bold Coast Properties

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The Swan Agency Sotheby's International Realty in Bar Harbor
The Swan Agency Sotheby's International Realty in Bar Harbor
43 Cottage St
PO Box 46
Bar Harbor,, ME 04609

More Info

Location Information

  • Building Number532
  • StreetUs Route 1 Highway

Building

  • Basement
    • Bulkhead
    • Crawl Space
    • Dirt Floor
    • Finished
    • Full
    • Sump Pump
    • Unfinished
    • Walkout Access
  • Year Built1945
  • FoundationBlock, Poured Concrete
  • Building ConstructionWood Frame
  • RoofComposition, Shingle

Property Information

  • Property UsesBar/Tavern/Lounge, Freestanding Building, Restaurant
  • Zoning OverlayYes

Other

  • Parking Spaces21+ Spaces, On Site, Paved
  • View Count1

Tax Information

  • Tax Year2,017

Location

  • StateME
  • TownJonesboro
  • Zip04648
  • LocationBusiness District, Retail Strip
  • CountyWashington
  • Map16

Property

  • Sq Ft Finished Total6930
  • Leased LandNo

Utilities

  • Heat System
    • Baseboard
    • Forced Air
    • Hot Air
    • Hot Water
    • Space Heater
    • Stove
  • Heating FuelElectric, Gas Bottled, Oil, Wood
  • Waste Water DisposalSeptic Existing on Site
  • WaterWell Existing on Site
  • CoolingA/C Units
  • ElectricCircuit Breakers
  • GasBottled

Basic Information

  • List Price$199,000
  • MLS Number1363278
  • Address532 Us Route 1 Highway
  • Broker NameBold Coast Properties
  • Modification Date12/10/2018
  • StatusACT
  • Agent ID019156
  • Broker ID2724

Interior

  • FloorsLaminate, Tile, Vinyl, Wood

Exterior

  • ExteriorComposition, Shingle Siding, Wood Siding

Amenities

  • AmenitiesRamped Main Level

Photos

  • Number of Photos35
  • Last Img Trans Date11/14/2018

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2018 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

The Swan Agency Sotheby's International Realty participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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