Bought with Legacy Properties Sotheby's International Realty
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Key Details
Sold Price $1,100,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 7,797 sqft
MLS Listing ID 1457131
Year Built 1810
Annual Tax Amount $10,960
Tax Year 2019
Lot Size 4.960 Acres
Property Sub-Type General Commercial
Property Description
The Youngtown Inn and Restaurant has been a long time favorite in Midcoast Maine. With six beautiful and well appointed guest rooms and a full service restaurant it has served loyal patrons from near and far for more than 25 years. The main house was built in 1810 as a classic Maine Farmhouse while the property served as a poultry and dairy farm for more than 7 generations. Now a restaurant and inn, the heart of the house has been preserved with many original features intact. A large addition has been added on to provide a modern living space for the innkeepers. It would be easy enough to step right into the shoes of the current owners and continue to run the Youngtown Inn as it is but there are so many other opportunities that this property has to offer. With 5 acres of land the possibilities are almost endless.
Located in what has become the hottest little town in the Midcoast, Lincolnville, Maine is on the map. Just a short drive from Camden or Belfast, Lincolnville offers proximity to services and downtown areas while offering a bucolic country setting with some very cool businesses including the new and highly acclaimed Lincolnville Center General Store which draws visitors from all around as well as the Cellardoor Winery less than a mile up Youngtown Road. Megunticook Lake is just moments away, Camden Hills State Park hiking trails practically outside the front door & a nature preserve within walking distance. Come and see for yourself! We'd love to show you what our town has to offer while you contemplate the exciting possibility of running your business here. Strong financials w/room for revenue expansion.
Location
State ME
County Waldo
Zoning GD-Comm
Interior
Heating Multi-Zones, Hot Water, Baseboard
Cooling A/C Units
Flooring Wood, Vinyl, Tile, Carpet
Exterior
Parking Features 11 - 20 Spaces
Utilities Available 1
View Y/N No
Roof Type Shingle
Building
Lot Description Near Shopping, Rural
Building Description Clapboard,Wood Frame, Generator
Story 3
Foundation Stone, Concrete Perimeter
Sewer Private Sewer
Water Private
Structure Type Clapboard,Wood Frame
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