Fully Built-Out Restaurant Space

Retail-Commercial for Sale
Catylist Listing ID: 30850933
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 2,388 SF
Gross Building Area: See Agent
Gross Land Area: 2.98 SF
Sale Price: $495,000
Unit Price: $207.29 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/26/2024

Overview / Comments

A fantastic opportunity to own an iconic Maine seafood restaurant established in 1949. In the heart of the Sebago Lakes Region just a little over a mile from the beloved Naples Causeway, this location provides maximum visibility on Route 302. This unique property features four buildings on a generous 2.98± parcel lot, a main restaurant, gift shop, two sheds and a lobster tank house all with several updates including a new parking lot, roof, bar, take-out area, kitchen, bathrooms & a dry storage shed as well as two new mini-splits, dishwasher, ice machine and eight brand new picnic tables.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05130_U06-0001
Zoning: COMMERCIAL & RESIDENTIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Route 302
Area Description: High visibility location directly on Route 302 minutes from the Naples Causeway.
Tenancy: Single Tenant
Total Number of Buildings: 4
Parking Type: Surface
Parking Description: Ample on-site parking
Lot Frontage: 238.7
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,467 10,625
Median Age: 42.82 43.59
Households: 2,278 4,418

Contact

Photograph of Listing Agent

Joseph Italiaander

The Boulos Company NECPE Member
Photograph of Listing Agent

Christopher Gallagher

The Boulos Company NECPE Member
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