Catylist ID: #30148548
Turnkey Restaurant - Farmingdale
Retail-Commercial for Sale
|Catylist Listing ID:||30148548|
|Property Subtypes:||Free-Standing Building, Restaurant|
|Building Size (RSF):||2,800 SF|
|Gross Land Area:||1.05 Acres|
|Unit Price:||$196.07 PSF|
|Property Use Type:||Business|
|Building Name:||Hi Top Pancake House|
|Sale Terms:||Owner Financing, Other|
Overview / Comments
Turnkey Operation & Property - 2,800 SF Restaurant on 1± Acre with 40±-car parking lot. The owner will hold the first mortgage for qualified buyers; therefore, no bank approval, financing or some of the associated costs are involved.
Financials and FF&E complete list available—contact broker; recent improvements include new bathroom, energy efficient furnace, grease trap, double-pane windows.
Great location across from Kennebec River and on the route to the State Capitol in Augusta. Traffic Count Is 14,000± VPD driving by this location.
The owner will hold the first mortgage for qualified buyers; therefore, no bank approval, financing or some of the associated costs are involved.
The Hi-Hat Pancake House is primarily a breakfast and lunch restaurant with dinners served on Friday night. The use could certainly be expanded to all three meals. Hours of operation 7 days a week are 6 AM to 2 PM except Friday when it stays open till 8 PM.
Attachments & Media
|Tax ID/APN:||Map 16, Lot 044; Map 16 Lot 049|
|Zoning:||COMMERCIAL WITH LAND ON THE RIVER SIDE IN SHORELAND ZONING|
|Retail Clientele:||General, Family, Traveler, Tourist, Recreation|
|Largest Nearby Street:||Route 201|
|Feet of Frontage:||191|
|Site Description:||Level, across from the Kennebec River|
|Area Description:||The turn-key facility is located on Maine Avenue (Route 201) in Farmingdale which leads from Gardner to the state capitol in Augusta. There are approximately 14,000 vehicles per day driving by the location. It is also located directly across from the Kennebec River and the recreational river trail system. A strip of land on the river side comes with the property and helps to ensure protected water views.|
|Total Number of Buildings:||1|
|Total Parking Spaces:||40|
|Interior Description:||Large main dining room with additional booth and stool seating in the original building. Seats 77± (more possible)|
|Proximity:||1 mile||3 miles||5 miles|
John F. Doyon, CCIMMalone Commercial Brokers NECPE Member
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