THE SEDGLEY PLACE RESTAURANT FOR SALE
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30831026 |
| Property Subtypes: |
Free-Standing Building, Restaurant
|
| Status: |
Pending |
| Building Size (RSF): |
6,744 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
4.66 Acres
|
| Sale Price: |
$575,000 |
| Unit Price: |
$85.26 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/10/2024 |
Overview / Comments
The Sedgley Place is a fine dining establishment located in a 200-year-old farmhouse in the heart of Greene, Maine. Surrounded by lush rolling meadows and fruit trees, the location offers a secluded setting popular for weddings and special events year-round. This restaurant has long been a staple in the Lewiston/Auburn community, serving up a fine dining experience to both locals and tourists.
The Sedgley Place offers a beautiful venue with a fresh and delicious menu. The restaurant routinely hosts weddings, rehearsal dinners, birthdays, anniversaries, showers, company parties & more. Multiple dining rooms offer privacy and an elegant atmosphere. The grounds are picturesque, with space for outdoor ceremonies and/or receptions. Inside, the restaurant can accommodate gatherings from 8 to 60 guests. If the guest list is more than 60, the property’s outdoor space offers additional options.
With 4.66+/- acres, there is an opportunity for building a pole barn, adding gardens, and a large tent, which would allow more options and income potential for special events.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$5,992 (Annual) |
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
006/008 |
| Zoning: |
VILLAGE II DISTRICT |
| Property Visibility: |
Good |
| Property Condition: |
Good |
| Year Built: |
1790 |
| Year Renovated: |
2005 |
| Construction/Siding: |
Vinyl Siding |
| Total Parking Spaces: |
60 |
| Parking Description: |
Private Lot |
| Heat Type: |
Propane |
| Lot Frontage: |
536 |
| Water Service: |
Well |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
4,350 |
16,941 |
| Median Age: |
42.58 |
40.91 |
| Households: |
1,676 |
6,781 |
|
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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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