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Maine » Washington County » Jonesboro

Commercial
Jonesboro, ME (1)
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Bold Coast Properties
(207) 497-5725
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MLS#1363278
Active
$199,000
532 Us Route 1 Highway
Jonesboro ME 04648
 
Commercial
±6,930 sqft.
±2.2500 Acr.
 
LOCATION LOCATION LOCATION....If your a local you can't remember a time that the "White House Restaurant" was not there! If you have been on vacation in Downeast Maine in the last 73 years you ate there or drove by it! A Downeast Landmark! Sitting strategically between Ellsworth and Machias on US 1 where it meets old US 1. As it sits today, a busy restaurant on the 1st level and two occupied apartments on level 2. This unique commercial space has a multitude of possibilities. Keep it the way it is, Build on the Class One Liquor license, focus on improving the space as a "Landmark" restaurant and entertainment center, or completely re-think the use. For example: Plenty of room to position a gas station/convenience store. The current owner has focused on updating and upgrading the entire inside. The restaurant and apartments are recently remodeled, spending over 100 K! 2.4 Acres, 6900 sq ft building, turnkey businesses all for well under half a million. With a positive cash flow!
 
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