Iconic Metal Diner
Retail-Commercial
for Sale
| Catylist Listing ID: |
30866518 |
| Property Subtypes: |
Free-Standing Building, Restaurant
|
| Building Size (RSF): |
3,138 SF
|
| Gross Building Area: |
3,218 SF |
| Gross Land Area: |
3.09 - 5.59 Acres
|
| Sale Price: |
$600,000 - 900,000 |
| Unit Price: |
$191.20 - 286.81 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Blast From The Past Diner |
| Usable Size (USF): |
3,138 SF |
| Sale Terms: |
Cash to Seller, Owner Financing, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/28/2024 |
Overview / Comments
Iconic metallic diner a "fifties style diner restaurant" located on Route 5 in Waterboro a short distance from Little Ossipee Lake and Lake Arrowhead in York County, Maine. The interior is decorated with 50's memorabilia. A jukebox with 50's and 60's records greet customers at the entryway. An exterior sound system has shared the Oldies with classic car shows in the restaurant parking lot on summer weekends.
The Blast From The Past Diner is a modular diner built by Valiant Diners in Ormond Beach, Florida. It was loaded on a flatbed and delivered to Waterboro in 2004. It was delivered in three sections and assembled in two days.
The Diner parcel is 2.50 acres priced at $600,000.
The rear parcel is approxiately 3.00 acres accessible by a ROW in the rear of the parking lot.The price for the rear lot is $300,000. Town water to site. Survey available.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$12,454 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
008-001B-898 |
| Zoning: |
GENERAL PURPOSE |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
Route 5 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Main Street |
| Feet of Frontage: |
600 |
| Highway Access: |
Located on Route 5. |
| Airports: |
Portland Jetport |
| Site Description: |
Frontage on State Route 5 a conduit from the City of Portland and Lake Arrowhead and Little Ossipee. The site is flat with good road visibility. The Blast From The Past sign is elevated to capture the attention of vehicle traffic traveling east and west. |
| Area Description: |
The area is predominately commercial businesses catering to the residences in the Waterboro area as well as the tourists that flock to the lakes in the spring, summer and fall. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,850 SF |
| Property Condition: |
Excellent |
| Year Built: |
2004 |
| Roof Type: |
Flat |
| Construction/Siding: |
Metal Siding |
| Exterior Description: |
Metallic exterior. Built by Valiant Diners a modular diner design/build company in Ormond Beach, Florida |
| Total Parking Spaces: |
51 |
| Parking Type: |
Surface |
| Parking Description: |
Paved lined parking surrounding the restaurant |
| Sprinklers: |
Dry |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Metallic interior, Soda Fountains, Red Swivel Counter Stools. Black and White Checkered Floors, Red Leather Booths and the Jukebox.
|
| Zoning Description: |
General Purpose |
| Lot Frontage: |
600+/- |
| Lot Depth: |
490+/- |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Easements: |
Ingress/Egress |
| Easements Description: |
Seller owns a 3.09 acre parcel in the rear of the Diner with a Right of Way into the land |
| Land Ownership: |
fee simple |
| Legal Description: |
See the Deed |
Demographic Statistics
| Proximity: |
5 miles |
| Total Population: |
10,814 |
| Median Age: |
41.32 |
| Households: |
4,157 |
|
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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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