Turn-Key Restaurant For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30826784
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,259 SF
Gross Building Area: See Agent
Sale Price: $385,000
Unit Price: $90.40 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2023

Overview / Comments

4,259+/- SF restaurant located on busy Route 4, the primary commercial corridor running through Jay & Livermore Falls. The restaurant offers regular specials for breakfast, lunch and dinner, including most holidays. The banquet room can facilitate events ranging from 10-100 people with numerous menu and catering options. This turn-key property features a large pylon sign and ample on-site parking. Keep the current concept or reinvent the restaurant into an entirely new brand. Also well suited for general commercial use.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $4,500 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Franklin
Tax ID/APN: 1
Zoning: GENERAL COMMERCIAL
Lot Frontage: 200'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,136 9,028
Median Age: 40.13 41.94
Households: 1,281 3,758

Contact

Photograph of Listing Agent

Dustin Boutin

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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