Recently Renovated Restaurant Building

Retail-Commercial for Sale
Catylist Listing ID: 30794240
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 6,790 SF
Gross Building Area: See Agent
Gross Land Area: 0.32 Acres
Sale Price: $1,500,000
Unit Price: $220.91 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 10/3/2022

Overview / Comments

Significant Opportunity! Very recently remodeled bar and restaurant in an ideal Saco location. Next door to the brand new Chase Bank with frontage on the Route One corridor. Conveniently located minutes from the Maine Turnpike and just off the 195 spur, this property offers excellent visibility. This commercial hub hosts many other businesses including Amato’s, Starbucks, McDonald’s, Wendy’s, KFC, IHOP, Little Caesars, Cumberland Farms, and VIP Tires. This completely renovated building includes a main dining room, bar/lounge area, and both covered and open outdoor seating options in the warmer months.

Attachments & Media

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $18,364 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31220_041008000000
Zoning: HB - HIGHWAY BUSINESS
Tenancy: Single Tenant
Year Built: 1978
Year Renovated: 2019
Lot Frontage: 80+/- ft
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,101 33,946 51,700
Median Age: 37.99 41.77 41.84
Households: 2,865 15,488 22,045
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