345 US-1, Stockton Springs, ME 04981

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345 US-1 is located in Stockton Springs, ME.

Walk to work from your home. Built in 2004, this 3,600 square foot home has 4-5 bedrooms, 3-1/2 baths and a large attached two-car garage all on 6+/- acres. There are 10’ ceilings in the living room, large eat-in kitchen, dining room and master bedroom with bath that has direct access to large private back deck overlooking Penobscot Bay. The walk-out daylight basement is fully finished and is set up as an in-law apartment that contains 1,600 square feet of living area. The home sits approximately 600’ off the US Route 1 with private drive and is adjacent to the business that sits on 4+/- acres.
The real estate included with this profitable, well-established family run business sits on US Route 1 for great visibility with 500’ of road frontage and 4+/- acres. The 3,168 square foot metal sided building was built in 2003 and sits on a heated slab. The building consists of a two bay garage, showroom and office. The garage is posted at 14’6”, providing plenty of room to work on all types of boats. The showroom has adequate room to display several products while providing a welcoming feeling to customers. The office space overlooks the showroom, yard area and has wonderful views of Penobscot Bay. There is plenty of parking with ample room to display dozens of boats for sale while having extra room to store 30 boats. With some site work, you could easily double this number, or more. There is a boat lift and ramp making it easy to load and unload boats being delivered by customers or vendors.
This family run Marine business has a niche market with its sailboat line since there is no nearby competition. Customers travel from as far away as Massachusetts and the Canadian Maritimes with about ½ the customers traveling over 2 hours+. Internet sales are also a big draw. Boat sales account for the majority of business with engine and boat service a small amount. Average sales per year are around 50 boats. The average amount of inventory is between $200,000 and $500,000. The following product lines are protected brands and consist of; Hunter, MacGregor and Precision sailboats, which are second to none. The Hunter and MacGregor lines have been established for 35+ years and are industry leaders. Precision sailboats offer an impressive sailing line. These sailboats include Tohatsu and Honda outboard motors. They have just added Sea Fox Power Boat Company line based in Moncks Corner, South Carolina. They are a family-owned business with over 50 years of quality, boat-building experience. There is major upside to adding power boat to the product line as a larger market audience is reached. Power boats also allow for more engine service business and involve less time to prepare than sailboats making for easier transaction.
Also included in the sale are 6 moorings in the town owned harbor that are easily rented out from year to year. The cozy harbor offers town dockage and moorings, or good anchorage. Small boats can launch on either of the wide concrete ripped ramps which were replaced in 2004 and is in excellent shape. Parking is available. The town sponsors Harbor Day in August where you can participate in the sailboat races. The Harbor is well protected from the larger and more open Penobscot Bay. Just a few minutes sailing and you'll find yourself on the open waters of the northern end of the Penobscot By, among some of the best looking scenery on the Maine coast.