Lobster Pound restaurant heads to auction March 9

By Susan Mustapich | Feb 28, 2017
Photo by: Kim Lincoln The auction of the landmark restaurant property at Lincolnville Beach is set for March 9.

LINCOLNVILLE — An auction for the Lobster Pound Restaurant property will be held Thursday, March 9, by Keenan Auction Co. of South Portland.

The real estate foreclosure auction will start at 11 a.m.

In November 2016, the restaurant's longtime owners Patty and Richard "Dick" McLaughlin filed Chapter 7 bankruptcy. They cited the 2008 stock market crash and ensuing economic downturn, and difficulty managing overhead costs during the restaurant's typical six-month season, as factors in the bankruptcy.

Dick McLaughlin also cited the loss of 26 parking spaces to eminent domain, around 2006 for a state beautification project at Lincolnville Beach, as detrimental to the business. The parking lot was always full in the summer, and people drove by without stopping, McLaughlin said.

A business venture that added Andy's Brew Pub to the restaurant in 2014 did not succeed in extending the restaurant's season and attracting new customers. The restaurant was on the real estate market for a year with the Daigle Group, prior to closing its doors at the end of the 2016 season.

The restaurant was owned and operated by the McLaughlin family since 1958, and built into the landmark on Lincolnville Beach familiar to locals and visitors alike. The first Lobster Pound eatery on Lincolnville Beach dated back to the 1920s and was little more than a lean-to with a lobster cooker.

Courier Publications reporter Susan Mustapich can be reached at 236-8511 or by email at smustapich@villagesoup.com.

Comments (1)
Posted by: Stephen K Carroll | Mar 02, 2017 12:15

So sad a once thriving family restaurant now out of business due to state interference and regulation. 26 parking spaces taken by the state and less we forget another once thriving business the long time popular "Indian store" across the street forced out of business to make way for an unneeded post office. Let's keep politics out of business. Maybe president trump will make that a reality



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Susan M Mustapich
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Susan Mustapich is a staff reporter with The Camden Herald covering Camden and Lincolnville.

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