Parker's Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30861363
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 4,150 SF
Gross Building Area: See Agent
Sale Price: $1,750,000
Unit Price: $421.69 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/6/2024

Overview / Comments

A rare opportunity to acquire a unique restaurant property that has been a part of Portland's vibrant culinary history. Parker's Restaurant is the famed neighborhood Pub ingrained with nostalgia that will immediately attract past patrons and fans of the iconic gathering place. Known by many as the "Cheers" of Portland, the once-thriving establishment is now available for acquisition as a turnkey restaurant/sports bar operation and still has a following with its previous clientele standing by anxiously awaiting its reopening.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_401 A044
Zoning: OFFICE BUSINESS
Year Built: 1970
Year Renovated: 1989
Exterior Description: A rare opportunity to acquire a unique restaurant property that has been a part of Portland's vibrant culinary history. Parker's Restaurant is the famed neighborhood Pub ingrained with nostalgia that will immediately attract past patrons and fans of the iconic gathering place. Known by many as the "Cheers" of Portland, the once-thriving establishment is now available for acquisition as a turnkey restaurant/sports bar operation and still has a following with its previous clientele standing by anxiously awaiting its reopening.
Total Parking Spaces: 28
Lot Frontage: Unknown

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,125 63,233 115,182
Median Age: 39.6 38.42 38.89
Households: 5,152 27,596 51,608

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