Turn-Key Restaurant + 2 Bed, 2 Bath Unit

Retail-Commercial for Sale
Catylist Listing ID: 30876255
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,684 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $2,095,000
Unit Price: $241.25 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Former Battery Steele
Sale Terms: Cash to Seller
Last Updated: 9/3/2024

Overview / Comments

60 Mile Road provides a fantastic opportunity to acquire a unique property in the heart of desirable Wells, Maine.

The property consists of a two-story, 8,364+/- SF building located on a 1.0+/- acre parcel and includes 60+/- on-site parking spaces. The first floor is 6,684+/- SF of fully equipped restaurant space with a spacious covered deck for additional seating. The lower level provides a large, open space to host events with a full bar, stone fireplace and a wine cellar. The second floor is a well appointed two bedroom, two bathroom, 2,000+/- SF residential condominium with sweeping views of Wells harbor.

This high visibility location is minutes from Wells Beach, a popular summer destination in Maine and is surrounded by numerous hotels and amenities.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31270_00123-087. -
Zoning: GENERAL BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Route One/Post Road
Highway Access: Maine Turnpike (I-95)
Airports: Portsmouth International Airport
Area Description: Walkable to numerous hotels and amenities
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1986
Roof Type: Gable
Construction/Siding: Wood Shingle
Total Parking Spaces: 60
Parking Type: Surface
Parking Description: Ample on-site parking
Heat Source: Central
Lot Frontage: 483
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,279 4,237 11,997
Median Age: 53.57 54.5 51.03
Households: 1,078 1,985 5,317

Contact

Photograph of Listing Agent

Joseph Italiaander

The Boulos Company NECPE Member
Photograph of Listing Agent

Christopher Gallagher

The Boulos Company NECPE Member
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