Restaurant
Retail-Commercial
for Sale
| Catylist Listing ID: |
30725298 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
8,000 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$2,800,000 |
| Unit Price: |
$350 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/10/2024 |
Overview / Comments
Beautiful, well established restaurant in Southern Maine. This incredible restaurant has been completely renovated, with a fresh new exterior and interior, including new restaurant equipment, furnace, electrical, walk in cooler, roof and more. The owners have successfully blended the historic charm of this 1700’s building with a modern comfortable ambiance. The restaurant has the capacity to hold large private parties and functions with its spacious open dining area, private outdoor patio, custom bar and large kitchen with abundant storage. The restaurant has an excellent reputation from which the owners have built a very successful business catering to loyal locals and seasonal visitors. In addition to the restaurant the building has additional income units with potential additional building units.
The sellers are looking forward to spending more time with their family and sharing this turnkey opportunity with a new operator.
|
Financials
| Finance Data Year |
2021 |
| Real Estate Taxes - Annual($) |
$8,000 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
0000 |
| Zoning: |
BUSINESS |
| Lot Frontage: |
450 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,499 |
73,109 |
111,093 |
| Median Age: |
34.13 |
37.82 |
39.15 |
| Households: |
12,296 |
34,326 |
50,070 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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