Lobster Pound Restaurant
Lobster Pound Restaurant
Lincolnville Beach - Property at end
Looking North on U.S. RT. 1
Main Entrance
Lincolnville Beach - Property at end
Lincolnville Beach
Lincolnville Beach - Property at end
Pub
Pub Dining Area
Pub Dining Area
Pub Dining Area
Pub Dining Area
Pub Dining Area
Ocean View Dining
Bar
Ocean View Dining
Ocean View Dining
Lobby
Lobby
Gift Shop
Former Brewery Room
Office
Former Brewery
Former Brewery Room
Apartment Kitchen
Pub Dining
Storage/Utility Access
Rear Access to Dining room
Patio Dining Area
Patio Dining Area
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Real Estate Foreclosure Auction 17-8
Oceanfront Restaurant
2521 Atlantic Highway, US Rt. 1
Lincolnville, Maine
Auction Date: Thursday, March 9, 2017 at 11AM
Equipment to be sold with real estate as an entirety only
Auctioneer's Note: Starting as a small shore side lobster shack back in the late 1920s, the Lobster Pound Restaurant has evolved into a 260 seat restaurant and has become a true coastal Maine landmark. The cottage style restaurant is located directly on Lincolnville Beach. It has excellent access and visibility to U.S. Route 1 and the quaint village downtown area. In its almost 90 year history, there have been only a handful of owners. Your ownership opportunity comes on March 9th when the complete restaurant will be sold at public auction starting at 11AM. We encourage you to take advantage of this rare oceanfront offering at auction pricing!
Real Estate: Consists of a .51+/- acre level site with 305+/- ft. of ocean frontage, 86+/- ft. of frontage on Frohock Brook, and 53+/- ft. of frontage on US Rt. 1. The site is adjacent to the Lincolnville Beach and enjoys sweeping views of the beach, Penobscot Bay, Islesboro Island, and the Camden Hills. The paved lot has ample parking and is next to the Town Parking lot that serves the beach. The Islesboro Ferry terminal can be viewed to the south and it is only a 5 minute walk away.
Improving the site is a traditional Maine cottage style building containing 9,640+/-SF. The restaurant has ocean view seating with a capacity of 260 including a 28'x31' enclosed canopy patio area for outdoor seating in the summer.
The first floor contains a dining/pub area (1,800+/-SF) that has had recent upgrades and renovations, an ocean view dining area (1,600+/-SF), a main entrance and gift shop area (378+/-SF), a lobby with fireplace and divided wait staff area with restrooms (816+/-SF), main kitchen area (786+/-SF), prep, storage and cooler area (646+/-SF), Laundry/storage area (440+/-SF), lobster pound with (1) 3'x15' fiberglass tank, (1) 4'x15' fiberglass tank area and a stone gas fired cooker with a 16"x4' rectangular cooking pot, and a 16'x22' attached room formerly housing a beer brewing plant (352+/-SF).
The second floor contains approximately 1,584+/-SF and is designed with (2) connecting offices, a large eat-in kitchen, full bathroom, common hallway with (4) bedrooms off of it, and large attic storage. Reference Lincolnville Tax Map 1, Lot 83.
Previews: February 16th & 23rd from 10AM-12PM & Day of Sale 10-11AM
Broker Participation Program Available - Contact Auctioneer for Details and Qualifications
Directions: From the center of Camden follow Rt. 1 north 6 miles to the property on the right, just past the Lincolnville ferry terminal.
Terms of Sale: A $25,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 calendar days of the public sale in cash or bank check with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. All other terms will be announced at the public sale. For additional terms and a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request Auction 17-8. Richard J. Keenan #236. Our 45th Year & 7,524th Auction.
Property Information Package Available
Survey Available
Lincolnville Land Use Ordinance Available
Click on the Property Information Button Below
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