Looking to buy a turnkey waterfront restaurant in great condition with visibility, high traffic counts & priceless views? Formerly licensed as a 262-seat restaurant, the former Davis Island Grill (remember the longtime Muddy Rudder?) could be it. It is a gem!
Comprising 8,945 +/- square feet of finished space on three floors (includes operating basement with walk-in coolers, storage rooms & office) and sporting a 1,430 +/- SF roof top deck, it is currently operating as Waters Edge, special events and banquet center. Blending that use with a restaurant is the ideal combination for success.
Its iconic Rt. 1 location at the north end of the Wiscasset Bridge coupled with first rate signage makes it a notable landmark for the 15,720 vehicles passing by daily. Further, as part of the Sheepscot Harbour Village & Resort community, it has a built-in following with over 65 cottage rentals, inn hotel rooms and lodge hotel suites.
Lastly, the allure of lobsters boiling in large pots surrounded by picnic tables filled with patrons outside the restaurant should proof irresistible for the same 15,720 vehicles driving by daily.
Highly visible waterfront location, newly renovated with custom finishes, fully equipped kitchen replete with furniture, fixtures and accessories, operating basement, large rooftop, high traffic count, parking, signage, priceless waterfront views, anchor for the Sheepscot Harbour Village & Resort, and selling well below replacement cost, this restaurant is ready for a buyer with a plan and vision to make it a mid-coast destination for residents and tourists alike. - Building condition: Excellent - Tenancy: Single Tenant
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