Restaurant / Industrial & Additional Developable Lots!

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 29847585
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 6,800 SF
Gross Land Area: 0.67 Acres
Sale Price: $599,000
Unit Price: $88.09 PSF
Property Use Type: Business
Building Name: Lot 201
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 8/8/2019

Overview / Comments

Industrial & Retail. Additional land next door is available. Possible agricultural use. Currently used as an ice cream manufacturing and retail shop, formerly a tavern/ bar and restaurant. First floor has 5516 +/- SF with great road side appeal and 120 +/- Ft of frontage on Main Street, US Route 109. This property abuts Walmart parking lot giving prime business visibility and volume. Also available is a vacant gravel parking lot abutting this property. This property would make for a great brew pub, distillery, Aroma Joes, or other major business such as CVS, Rite Aid, and Irving. Only 10 minutes from the Kennebunk tp exit and 10 minutes from the Wells tp access. There are an additional 5 vacant lots also available. Mixed use with some suited for retail, storage, manufacturing and industrial. Neighbors are Walmart and Lowes, nearby are Cancer Care Center, Tractor Supply and Seacoast Career School. It is situated across from the Sanford Seacoast Regional Airport and also within 3 miles of site for new (2018) high school and technology center.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 19/201
Market Type: Medium
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Intersection of 109/Main Street and US Route 99
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Route 109
Feet of Frontage: 120
Transportation: Bus, Airport, Taxi
Highway Access: Route 109 leads South to Wells turnpike and Route 99 leads south east to Kennebunk Me
Site Description: property type: Other
Area Description: property is located in South Sanford near residential development and industrial parks, Lowes, Walmart and Super 8. 5 total properties are available for sale/lease for consideration of combination with this property.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,516 SF
Property Condition: Good
Year Built: 1965
Roof Type: Domes
Construction/Siding: Brick/Vinyl Siding
Exterior Description: lots of windows, ascetically appealing
Total Parking Spaces: 45
Parking Type: Surface
Parking Description: Gravel
Heat Type: Oil
Zoning Description: Industrial Business
Lot Frontage: 120
Land Ownership: owned
Legal Description: Map/Lot 19/201 Book/Page 15310/670

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,666 8,278 25,295
Median Age: 41.48 41.2 41.9
Households: 678 3,328 10,222


Photograph of Listing Agent

Suzanne M. McKechnie

Investcomm Commercial Group
NECPE Member
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