Inn on the Wharf


Lubec, ME   Offered for sale at $2,945,000
 

Imagine living in the best seasonal climate on the coast of Maine and owning several very profitable businesses. Live in an oceanfront home where every window looks out to sea. Wake up every morning to the sound of fishing boats chugging out to sea for their daily catch, which will be delivered to your own wharf and restaurant.

This can be your day when you own The Inn on the Wharf in Lubec, Maine - the most northeasterly point in the United States. Lubec is located on the Narrows of the Bay of Fundy with 28-foot tides twice a day.

All of this began when the present owners saw the possibilities hidden in a sardine factory that had closed in 2002. A complete re-purposing and renovation was completed in 2008. Soon guests began coming from all over the states and many places in the world.

The Inn on the Wharf has 23 oceanfront rooms where guests can relax, enjoy the view, shop in A Shop by the Sea, enjoy their meals in The Fisherman’s Wharf Restaurant and go whale watching on the Tarquin.

The Town of Lubec is a 5-minute walk away offering many restaurants, shops, galleries and the historic Smokehouse Museum. It is also, home to the Summer Keys adult music program with free community concerts every Wednesday.

To enter the Inn, guests walk through a terraced, perennial garden. In 2019, the Inn enjoyed 98% occupancy through the summer and fall seasons. Additionally, the 6 rentals on the hill, adjacent to the Inn’s main building generate year round income as does the thriving fishing business on the wharf.

In the main building, the Fisherman’s Wharf Restaurant seats 48. Two decks seat an additional 20. The restaurant draws guests from Lubec and the surrounding area offering fresh seafood for dinner and wonderful breakfast and lunches. There is an oceanfront view from every table.

Don’t miss this unique business opportunity that can be purchased to suit your needs – each of which offers an excellent return on your investment.

Offered at $2,945,000 for the 15 room inn, restaurant and wharf or $4,195,000 for the entire property including the 6 vacant lots and two waterfront homes with 8 rental units.



Property Details
  • 15 Guest Rooms
  • 15 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1910
  • Last Renovated in 2009
  • Opened in 2008
  • Building is 34,000 SQFT
  • Lot is 1.46 Acres
  • Photo Gallery
  • Property Website
Financial Details
Contact Information