40 Cottage StreetBar Harbor, ME 04609MLS Number 1519627

  • Price: $2,795,000
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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.
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40 Cottage Street Bar Harbor ME 0460940 Cottage Street Bar Harbor ME 0460940 Cottage Street Bar Harbor ME 0460940 Cottage Street Bar Harbor ME 0460940 Cottage Street Bar Harbor ME 0460940 Cottage Street Bar Harbor ME 0460940 Cottage Street Bar Harbor ME 04609
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  • 0.07Acreage
  • 2009Year Built

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First time on the market in over 30 years. This legendary Bar Harbor restaurant/tavern/entertainment locale is where many locals go to meet up, dine and socialize. ''The Whale,'' as locals fondly call it, has been locally owned and operated since the doors opened in 1988. A lively, friendly blend of visitors and locals, it is kid friendly by day and a hot spot for entertainment and fun at night. The business operations have been finely honed over the past 3 decades by the current owners. The building was completely torn down and rebuilt in 2008. Solar panels on the roof help reduce the electrical bills while heat pump/AC units keep the customers comfortable year-round. Property has been extremely well maintained over the years. A separate in-town property is available for purchase to handle employee housing needs. Sellers to provide complete and thorough training to buyer(s). This property is the quintessential definition of a ''turn-key'' business with very strong, supportive underlying financials. Come stake your claim to being the next owner of this iconic local business and begin making plans to put your mark on this popular institution for the years to come !
Listed by Eden Realty

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More Info

Location Information

  • Building Number40
  • StreetCottage Street

Building

  • BasementCrawl Space, Full, Sump Pump
  • Year Built2009
  • FoundationPoured Concrete
  • Building ConstructionWood Frame
  • RoofPitched

Interior

  • FloorsWood

Utilities

  • Heat SystemHeat Pump
  • Heating FuelElectric, Oil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingHeat Pump
  • ElectricCircuit Breakers, Photovoltaics Seller Owned
  • GasBottled

Tax Information

  • Tax Year2,021

Location

  • StateME
  • TownBar Harbor
  • Zip04609
  • LocationBusiness District, Downtown, Near Shopping
  • CountyHancock
  • Map104

Property

  • Acreage0.07
  • Sq Ft Finished Total4,500
  • Leased LandNo

Amenities

  • Other AmenitiesBasement

Other

  • Parking SpacesOn Street, Other Parking
  • View Count78

Basic Information

  • List Price$2,795,000
  • MLS Number1519627
  • Address40 Cottage Street
  • Broker NameEden Realty
  • Modification Date03/01/2022
  • Agent ID011366
  • Broker ID2272
  • MLS StatusActive
  • Property SubTypeGeneral Commercial

Exterior

  • ExteriorWood Siding

Property Information

  • Property UsesBar/Tavern/Lounge, Commercial, Restaurant, Retail
  • Zoning OverlayNo

Photos

  • Number of Photos7
  • Last Img Trans Date02/17/2022
Compass Point Real Estate
Compass Point Real Estate
Office: 207-374-5300
75 Main Street
PO Box 52
Blue Hill, ME 04614

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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. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Compass Point Real Estate participates in ©2022 Maine Listings Internet Data Exchange 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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