InnShopper > Inns for Sale > Maine > Lubec > Water Street Tavern and Inn

Water Street Tavern and Inn


Lubec, ME   Offered for sale at $674,900
 

Water Street Tavern & Inn is the entrepreneurial chef/hospitality professional’s dream come true. This oceanside food and lodging business has a full service, turn-key restaurant with 48 seats in the dining rooms with 10 seats at the bar, and the deck overlooking the Narrows that seats 20. Further, there are five beautiful room accommodations ranging from single guest rooms (each with private baths) to a one and a two-bedroom apartment, with unbelievable views.

Located in Lubec -- as far East as you can get up the gorgeous Coast of Maine on a peninsula jutting into the Bay of Fundy overlooking the bridge to Canada and Campobello Island -- this seaside village is quintessential quiet Maine. A popular destination for those looking for the real Maine, it is not overrun with tourists and the native Mainer flavor remains. Bragging rights include being the eastern-most town with the eastern-most lighthouse on the eastern-most point of land in the Continental United States.

The ideal situation is to run the business for the season - May through October - and then head off for other adventures. This opportunity offers a wonderful lifestyle for an enterprising individual or couple looking to start their own business or pre-retirement, living the dream between the obligatory career and permanent no-work zone.

The sellers pursued the latter path and are now ready to pass the torch and settle into retirement. In order to help someone get started in this new career, the owners are offering a generous second mortgage option to buyers with good credit but who are shy in the downpayment for a business of this type.



Property Details
Financial Details
  • Offered for sale at $674,900
  • Terms: Second mortgage considered.
Contact Information