For Sale Commercial MLS# 1683661

255 Diamond Avenue

Portland, ME 04109

$1,250,000

maine_real_estate_information_system_inc_statewide_mls logo

Listing Office

Officemaine_real_estate_information_system_inc_statewide_mls logoLandVest, Inc.

Take the tour

About 255 Diamond Avenue

A distinctive opportunity to acquire an established seasonal business on Great Diamond Island. Located on Diamond Cove within the Fort McKinley Historic District, Crown Jewel has been a treasured Casco Bay destination since opening in 2018, earning national recognition from The Wall Street Journal, The Boston Globe, Condé Nast Traveler, and other notable publications. Serving creative cocktails and a unique menu to islanders, boaters, and visitors throughout the summer season, the fully remodeled restaurant and bar accommodates lunch and dinner service, takeout, private events, and catered meals. At the back of the restaurant, a charming retail area pays homage to the building's original use as a general store, with coffee, baked goods, candy, clothing, cocktails to go, and other daily provisions. A wraparound deck provides outdoor seating for eight and a drink rail for waiting guests, while the intimate dining room accommodates 30, with additional seating at the bar and chef's counter. The open-concept layout includes a full bar and well-equipped kitchen with a six-burner gas stove, grill, fryer, oven, two refrigerators, and a large freezer. A separate back kitchen provides efficient food preparation and dishwashing areas with ample overhead storage. All furnishings, barware, lighting, equipment, and serving ware convey with the sale, along with a golf cart used to transport goods from the ferry to the restaurant. With an established presence in Diamond Cove and the infrastructure in place for continued operation, Crown Jewel presents the opportunity to carry forward a successful seasonal business or bring a new concept to this unique island setting.

Property details

Property

Type
commercial
Year built
1850
Living area
1,500 sqft
Price / sqft
$833
Lot
0.03 ac
List date
Oct 8, 2026

Schools

District
Portland

Location

Subdivision
McKinley Partners Limited Partnership

Location

Neighborhood
McKinley Partners Limited Partnership
School district
Portland

Ask about this property

Questions on 255 Diamond Avenue, Portland, ME 04109, or want to see it in person?

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.