Prime Restaurant Building
Retail-Commercial
for Sale
| Catylist Listing ID: |
30865482 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
|
| Building Status: |
Proposed |
| Building Size (RSF): |
1,618 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.02 Acres
|
| Sale Price: |
$799,000 |
| Unit Price: |
$493.82 PSF |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/3/2024 |
Overview / Comments
|
Former home of Sandy’s Purple Palace Diner, this is the first time offered for sale in 41 years! The 1,618 square foot freestanding, restaurant building is in a prime location within walking distance of Short Sands Beach. In the heart of the York Beach Commercial District, this property has fantastic visibility with heavy foot and car traffic. Across the street you'll find The Golden Rod, right next door is Molly O’s and it is also surrounded by many more retail stores, restaurants and hotels.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
31280_140-031 |
| Zoning: |
YBVC |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Beach Street and Ocean Avenue |
| Highway Access: |
Maine Turnpike (I-95) |
| Airports: |
Portland International Jetport and Portsmouth International Airport at Pease |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Fair |
| Year Built: |
2004 |
| Roof Type: |
Flat |
| Construction/Siding: |
Vinyl Siding |
| Parking Description: |
On-street and in area lots |
| Zoning Description: |
York Beach Village Center |
| Lot Frontage: |
18± feet |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
997 |
6,334 |
13,438 |
| Median Age: |
58.46 |
51.61 |
49.44 |
| Households: |
504 |
2,921 |
5,893 |
|
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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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