Luxury Inn and Tavern in the historic seaside town of Searsport Maine

Description

Luxury inn, restaurant and tavern for sale in Searsport, Maine. The property occupies a restored former sea captain's home on approximately 1.45 acres and is listed on the National Register of Historic Places.

Guest accommodations

• 12 guest rooms
• Two apartment-sized guest rooms
• One two-bedroom guest accommodation
• Sun porch used for breakfast service
• Separate dining room for larger parties

The inn operates as a bed and breakfast with guest accommodations, breakfast service and additional food and beverage revenue from the restaurant and tavern.

Restaurant and tavern

• English-style pub and bar
• Approximately 60 interior restaurant seats
• Approximately 40 additional seasonal beer garden seats
• Large commercial kitchen
• Separate dining and event space

The tavern and restaurant provide a second revenue stream beyond overnight stays and allow the property to serve both lodging guests and local customers.

Property

The property sits on approximately 1.45 landscaped acres in the historic seaside community of Searsport.

The current owners have completed substantial restoration work while preserving the historic character of the building. Buyers should review documentation for completed renovations, permits and any requirements associated with the property's historic designation.

Recognition

The seller states that the business was nominated for a 2026 Best of the Best award in Waldo County. Buyers should independently confirm the award category and status if this recognition is material to the acquisition.

Growth

• Increase seasonal occupancy
• Develop weddings and private events
• Expand restaurant and tavern programming
• Increase beer garden utilization
• Develop packages combining lodging and dining
• Increase regional tourism marketing

Due diligence

Buyers should verify historical lodging and restaurant financials, occupancy, average room rates, reservation deposits, food and beverage margins, liquor licensing, staffing, equipment ownership, property taxes, insurance, building systems and the condition of the commercial kitchens before closing.

Historic-property restrictions, lodging requirements, food-service permits, alcohol licensing, outdoor seating and event use should also be reviewed for applicable Searsport, Maine and federal requirements.