Prime Restaurant Building

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30865482
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Status: Pending/Contingent
Building Status: Proposed
Building Size (RSF): 1,618 SF
Gross Building Area: See Agent
Gross Land Area: 0.02 Acres
Sale Price: $695,000
Unit Price: $429.54 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2024

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.

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Christopher Gallagher

The Boulos Company NECPE Member
Photograph of Listing Agent

Joseph Italiaander

The Boulos Company NECPE Member
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