# 1587 Atlantic Highway, Waldoboro, ME 04572 > **TL;DR:** commercial, $349,000 ($199/sqft), built 1950, 1,755 sqft. > A/C. Est. $1,867/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $349,000 | | Price/sqft | $199 | | Square Feet | 1,755 | | Year Built | 1950 | | Lot Size | 16,117 sqft (0.37 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,765 | | Estimated Insurance | $102 | | **Total** | **$1,867** | ## Key Amenities - A/C ## Property Highlights - Built in 1950 - 0.37 acre lot ## Description ### AI Summary Currently operating as a restaurant, this 1,755-square-foot commercial property offers a Route 1 location with excellent visibility in Waldoboro, Maine. Built in 1950, the property sits on a 0.37-acre lot and includes an upstairs apartment. The restaurant space and apartment are both leased, with the restaurant lease in place through May 2028 at $3,000 per month and the upstairs apartment rented for $1,100 per month. The property has no listed bedrooms or bathrooms and is equipped with window-unit cooling. Heating options include forced air, natural gas, oil, heat pump, and electric systems. Listed at $349,000, 1587 Atlantic Highway provides an established commercial setting with an operating restaurant and additional residential space above. Its location along Atlantic Highway places the property directly on Route 1 in Waldoboro, with the visibility noted in the existing listing remarks. ### Agent Description Prime Route 1 location excellent visibility and Currently operating as a restaurant. Property is leased until May of 2028, rental amount is 3,000.00 monthly. Upstairs apartment is rented for 1,100.00 ## Location - **Address:** 1587 Atlantic Highway, Waldoboro, ME 04572 - **County:** Lincoln - **Coordinates:** 44.101916, -69.379488 - **Google Maps:** https://www.google.com/maps?q=44.101916,-69.379488 ## Listing Agent - **Name:** Jeanette Wordock - **Brokerage:** Drum and Drum Real Estate - **Phone:** 2075631772 - **Broker Phone:** 207-563-1772 - **Listing URL:** [View original listing](https://www.mainelistings.com/listing/details/1672690) ## Photos ![1587 Atlantic Highway - Photo 1](http://lh.rdcpix.com/9374c5e3904c5f0784bab32012082215l-f1115830829r.jpg) ![1587 Atlantic Highway - Photo 2](http://lh.rdcpix.com/9374c5e3904c5f0784bab32012082215l-f632046382r.jpg) ![1587 Atlantic Highway - Photo 3](http://lh.rdcpix.com/9374c5e3904c5f0784bab32012082215l-f353768393r.jpg) ![1587 Atlantic Highway - Photo 4](http://lh.rdcpix.com/9374c5e3904c5f0784bab32012082215l-f1411970179r.jpg) ![1587 Atlantic Highway - Photo 5](http://lh.rdcpix.com/9374c5e3904c5f0784bab32012082215l-f2077679729r.jpg) ![1587 Atlantic Highway - Photo 6](http://lh.rdcpix.com/9374c5e3904c5f0784bab32012082215l-f3531308399r.jpg) --- **MLS#:** 1672690 | **Updated:** 2026-10-08 **Source:** listhub *Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1587-atlantic-highway-waldoboro-me-04572-1672690) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1587-atlantic-highway-waldoboro-me-04572-1672690#listing", "url": "https://www.propertysimple.ai/listing/1587-atlantic-highway-waldoboro-me-04572-1672690", "name": "1587 Atlantic Highway, Waldoboro, ME 04572", "description": "Currently operating as a restaurant, this 1,755-square-foot commercial property offers a Route 1 location with excellent visibility in Waldoboro, Maine. Built in 1950, the property sits on a 0.37-acre lot and includes an upstairs apartment. 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