THE SEDGLEY PLACE RESTAURANT FOR SALE
Retail-Commercial
for Sale
Catylist Listing ID: |
30831026 |
Property Subtypes: |
Free-Standing Building, Restaurant
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Building Size (RSF): |
6,744 SF
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Gross Building Area: |
See Agent |
Gross Land Area: |
4.66 Acres
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Sale Price: |
$575,000 |
Unit Price: |
$85.26 PSF |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
11/10/2023 |
Overview / Comments
The Sedgley Place is a fine dining establishment located in a 200-year-old farmhouse in the heart of Greene, Maine. Surrounded by lush rolling meadows and fruit trees, the location offers a secluded setting popular for weddings and special events year-round. This restaurant has long been a staple in the Lewiston/Auburn community, serving up a fine dining experience to both locals and tourists.
The Sedgley Place offers a beautiful venue with a fresh and delicious menu. The restaurant routinely hosts weddings, rehearsal dinners, birthdays, anniversaries, showers, company parties & more. Multiple dining rooms offer privacy and an elegant atmosphere. The grounds are picturesque, with space for outdoor ceremonies and/or receptions. Inside, the restaurant can accommodate gatherings from 8 to 60 guests. If the guest list is more than 60, the property’s outdoor space offers additional options.
With 4.66+/- acres, there is an opportunity for building a pole barn, adding gardens, and a large tent, which would allow more options and income potential for special events.
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Financials
Finance Data Year |
2023 |
Real Estate Taxes - Annual($) |
$5,992 (Annual) |
Additional Details
Nearest MSA: |
Lewiston-Auburn |
County: |
Androscoggin |
Tax ID/APN: |
006/008 |
Zoning: |
VILLAGE II DISTRICT |
Property Visibility: |
Good |
Property Condition: |
Good |
Year Built: |
1790 |
Year Renovated: |
2005 |
Construction/Siding: |
Vinyl Siding |
Total Parking Spaces: |
60 |
Parking Description: |
Private Lot |
Heat Type: |
Propane |
Lot Frontage: |
536 |
Water Service: |
Well |
Sewer Type: |
Septic |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
4,350 |
16,941 |
Median Age: |
42.58 |
40.91 |
Households: |
1,676 |
6,781 |
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